0000899243-18-003965.txt : 20180214 0000899243-18-003965.hdr.sgml : 20180214 20180214191946 ACCESSION NUMBER: 0000899243-18-003965 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180212 FILED AS OF DATE: 20180214 DATE AS OF CHANGE: 20180214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jenkins William D Jr CENTRAL INDEX KEY: 0001590423 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36162 FILM NUMBER: 18615555 MAIL ADDRESS: STREET 1: C/O BARRACUDA NETWORKS INC STREET 2: 3175 S WINCHESTER BLVD CITY: CAMPBELL STATE: CA ZIP: 95008 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BARRACUDA NETWORKS INC CENTRAL INDEX KEY: 0001348334 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 830380411 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 BUSINESS ADDRESS: STREET 1: 3175 WINCHESTER BOULEVARD CITY: CAMPBELL STATE: CA ZIP: 95008 BUSINESS PHONE: 408-342-5400 MAIL ADDRESS: STREET 1: 3175 WINCHESTER BOULEVARD CITY: CAMPBELL STATE: CA ZIP: 95008 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-02-12 1 0001348334 BARRACUDA NETWORKS INC CUDA 0001590423 Jenkins William D Jr C/O BARRACUDA NETWORKS, INC. 3175 S. WINCHESTER BLVD. CAMPBELL CA 95008 1 1 0 0 President and CEO Common Stock 2018-02-12 4 D 0 308342 D 245000 D Common Stock 2018-02-12 4 D 0 245000 D 0 D Employee Stock Option (right to buy) 12.66 2018-02-12 4 D 0 680000 0.00 D 2022-10-31 Common Stock 680000 0 D Employee Stock Option (right to buy) 27.22 2018-02-12 4 D 0 100000 0.00 D 2024-08-08 Common Stock 100000 0 D Employee Stock Option (right to buy) 17.13 2018-02-12 4 D 0 20000 0.00 D 2026-05-25 Common Stock 20000 0 D 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. The shares are represented by restricted stock units, or RSUs. Pursuant to the terms of the offer letter agreement between the Reporting Person and the Issuer dated June 7, 2013 (the "Offer Letter"), the RSUs vested in full immediately prior to the closing of the merger. Pursuant to the Merger Agreement, the RSUs were cancelled and converted into the right to receive a cash payment of $6,749,750.00, which represents $27.55 for each outstanding unit. 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 $10,125,200.00, which represents the difference between $27.55 and the exercise price of the option per share. Pursuant to the terms of the Offer Letter, 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 $33,000.00 which represents the difference between $27.55 and the exercise price of the option per share. Pursuant to the terms of the Offer Letter, 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 $208,400.00 which represents the difference between $27.55 and the exercise price of the option per share. /s/ Diane Honda, by power of attorney 2018-02-14