Amended Statement of Ownership (sc 13g/a)
February 14 2018 - 5:49PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Barracuda
Networks, Inc.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
068323104
(CUSIP Number)
December 31, 2017
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to
designate the rule pursuant to which this Schedule is filed:
☐ Rule
13d-l(b)
☐ Rule
13d-l(c)
☒ Rule
13d-l(d)
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*
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The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
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The information required in the remainder of this cover page shall not be
deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
Persons who respond to the collection of information contained in this form are not required to respond unless the form
displays a currently valid OMB control number.
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1.
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Name of
Reporting Person.
Dean M. Drako
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
(a) ☐ (b) ☐
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3.
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SEC Use Only
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4.
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Citizenship or Place of
Organization
United States of America
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Number of Shares Beneficially Owned by Each Reporting Person With:
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5.
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Sole Voting Power
0
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6.
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Shared Voting Power
570,605
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7.
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Sole Dispositive Power
0
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8.
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Shared Dispositive Power
570,605
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
570,605
(1) (2)
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10.
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Check if the Aggregate Amount in Row
(9) Excludes Certain Shares (See Instructions)
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11.
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Percent of Class Represented by
Amount in Row (9)
1.1%
(3)
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12.
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Type of Reporting Person (See
Instructions)
IN
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(1)
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Includes (i) 213,938 shares of common stock held by the Drako Trust F for which the Reporting Person serves as a trustee; (ii) 116,667 shares of common stock held by the DD Investment Trust A for which the Reporting
Person serves as a trustee; and (iii) 240,000 shares of common stock held by the DD Investment Trust B for which the Reporting Person serves as a trustee.
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(2)
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On November 26, 2017, the Issuer entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Project Deep Blue Holdings, LLC, a Delaware limited liability company (“Newco”) and
Project Deep Blue Merger Corp., a Delaware corporation and wholly owned subsidiary of Newco. Pursuant to the Merger Agreement, on February 12, 2018, each share of Issuer common stock was cancelled and converted into the right to receive $27.55
per share in cash, without interest and less any applicable withholding taxes.
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(3)
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Based on 53,672,307 shares of the Issuer’s common stock outstanding as of December 29, 2017, as reported in the Issuer’s Quarterly Report on Form
10-Q
for the
quarterly period ended November 30, 2017, filed with the Securities and Exchange Commission on January 9, 2018.
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Page 2 of 5
(a) Name of Issuer:
Barracuda Networks, Inc.
(b) Address of Issuer’s Principal Executive Offices:
3175 S. Winchester Blvd.
Campbell, CA 95008
(a) Name of Person Filing:
Dean M. Drako
(b) Address of Principal Business Office or, if none, Residence:
c/o Barracuda Networks, Inc.
3175 S. Winchester Blvd.
Campbell, CA 95008
(c) Citizenship:
United States
(d) Title of Class of Securities:
Common Stock, $0.001 par value per share
(e) CUSIP Number: 068323104
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Item 3.
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If this statement is filed pursuant to
§§240.13d-l(b)
or
240.13d-2(b)
or (c), check whether the person filing is a:
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Not applicable.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
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(a)
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Amount beneficially owned: (i) 213,938 shares of common stock held by the Drako Trust F for which the Reporting Person serves as a trustee; (ii) 116,667 shares of common stock held by the DD Investment Trust A for which
the Reporting Person serves as a trustee; and (iii) 240,000 shares of common stock held by the DD Investment Trust B for which the Reporting Person serves as a trustee.
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On November 26, 2017, the Issuer entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Project Deep Blue
Holdings, LLC, a Delaware limited liability company (“Newco”) and Project Deep Blue Merger Corp., a Delaware corporation and wholly owned subsidiary of Newco. Pursuant to the Merger Agreement, on February 12, 2018, each share of
Issuer common stock was cancelled and converted into the right to receive $27.55 per share in cash, without interest and less any applicable withholding taxes.
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(b)
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Percent of class: 1.1%
(1)
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(c)
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Number of shares as to which the person has:
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(i) Sole power to vote or to direct the vote
0
(ii) Shared power to vote or to
direct the vote 570,605
Page 3 of 5
(iii) Sole power to dispose or to direct the disposition of
0
(iv) Shared power to dispose or to
direct the disposition of 570,605
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Item 5.
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Ownership of Five Percent or Less of a Class.
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Not applicable.
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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Not
applicable.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
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Not applicable.
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Item 8.
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Identification and Classification of Members of the Group.
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Not
applicable.
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Item 9.
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Notice of Dissolution of Group.
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Not applicable.
Not applicable.
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(1)
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Based on 53,672,307 shares of the Issuer’s common stock outstanding as of December 29, 2017, as reported in the Issuer’s Quarterly Report on Form
10-Q
for the quarterly period ended November 30, 2017, filed with the Securities and Exchange Commission on January 9, 2018.
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Page 4 of 5
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
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February 14, 2018
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Date
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/s/ Dean M. Drako
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Dean M. Drako
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Page 5 of 5
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