X0306 4 2018-02-12 1 0001348334 BARRACUDA NETWORKS INC CUDA 0001266633 MULLANEY STEPHEN P C/O BARRACUDA NETWORKS, INC. 3175 S. WINCHESTER BLVD. CAMPBELL CA 95008 1 0 0 0 Common Stock 2018-02-12 4 D 0 4066 D 8023 D Common Stock 2018-02-12 4 D 0 8023 D 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 provisions of the Issuer's 2012 Equity Incentive Plan, 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 $221,033.65 which represents $27.55 for each outstanding unit. /s/ Diane Honda, by power of attorney 2018-02-14