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Actionable news in CUDA: BARRACUDA NETWORKS Inc,

Major owner of Barracuda Networks just disposed of 57,590 shares

Dean M Drako, a major owner of Barracuda Networks, recently disposed of 57,590 shares of the company. The disposals took place at prices ranging from $15.91 to $15.98 per share, on dates ranging from April 22 to April 25, 2016. Drako still owns 5,479,396 shares of the company. Drako operates out of Campbell, CA. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $15.94, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within footnotes (1) and (4). The shares are held directly by the Dean M. Drako Living Trust for which the Reporting Person serves as a trustee. The shares are held directly by the Drako Trust F for which the Reporting Person serves as a trustee. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $16.05, inclusive. The shares are held directly by the DD Investment Management Trust A for which the Reporting Person serves as trustee. The shares are held directly by the DD Investment Trust B for which the Reporting Person serves as a trustee. The shares are held directly by the DD Investment Trust A for which the Reporting Person serves as a trustee.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Barracuda Reports Fourth Quarter And Fiscal Year 2016 Results - April 26, 2016
Major owner of Barracuda Networks just disposed of 24,240 shares - April 19, 2016
Barracuda Networks's Chief Financial Officer just disposed of 3,076 shares - April 19, 2016
Major owner of Barracuda Networks just disposed of 314 shares - April 5, 2016