Home/Filings/4/0000899243-18-003987
4//SEC Filing

KISPERT JOHN H 4

Accession 0000899243-18-003987

CIK 0001348334other

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 7:32 PM ET

Size

16.8 KB

Accession

0000899243-18-003987

Insider Transaction Report

Form 4
Period: 2018-02-12
Transactions
  • Disposition to Issuer

    Common Stock

    2018-02-122,6279,164 total
  • Disposition to Issuer

    Common Stock

    2018-02-129,1640 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2018-02-1211,3300 total
    Exercise: $21.90Exp: 2026-08-10Common Stock (11,330 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2018-02-127420 total
    Exercise: $23.20Exp: 2026-08-31Common Stock (742 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2018-02-127940 total
    Exercise: $22.04Exp: 2026-11-30Common Stock (794 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2018-02-127250 total
    Exercise: $23.66Exp: 2027-02-28Common Stock (725 underlying)
Footnotes (7)
  • [F1]Pursuant to the Agreement and Plan of Merger between the Issuer, Project Deep Blue Holdings, LLC, and Project Deep Blue Merger Corp. dated November 26, 2017 (the "Merger Agreement"), each share of Issuer common stock was exchanged for $27.55 in cash.
  • [F2]The shares are represented by restricted stock units, or RSUs. Pursuant to the provisions of the Issuer's 2012 Equity Incentive Plan (the "2012 Plan"), the RSUs vested in full immediately prior to the closing of the merger.
  • [F3]Pursuant to the Merger Agreement, the RSUs were cancelled and converted into the right to receive a cash payment of $252,468.20, which represents $27.55 for each outstanding unit.
  • [F4]Pursuant to the provisions of the 2012 Plan, the option vested in full immediately prior to the closing of the merger. Pursuant to the Merger Agreement, the option was cancelled and converted into the right to receive a cash payment of $64,014.50 which represents the difference between $27.55 and the exercise price of the option per share.
  • [F5]Shares subject to the option are fully vested. Pursuant to the Merger Agreement, the option was cancelled and converted into the right to receive a cash payment of $3,227.70, which represents the difference between $27.55 and the exercise price of the option per share.Pursuant to the provisions of the 2012 Plan, the option vested in full immediately prior to the closing of the merger.
  • [F6]Shares subject to the option are fully vested. Pursuant to the Merger Agreement, the option was cancelled and converted into the right to receive a cash payment of $4,374.94, which represents the difference between $27.55 and the exercise price of the option per share.
  • [F7]Shares subject to the option are fully vested. Pursuant to the Merger Agreement, the option was cancelled and converted into the right to receive a cash payment of $2,820.25, which represents the difference between $27.55 and the exercise price of the option per share.

Issuer

BARRACUDA NETWORKS INC

CIK 0001348334

Entity typeother

Related Parties

1
  • filerCIK 0001183250

Filing Metadata

Form type
4
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 7:32 PM ET
Size
16.8 KB