SEC Form 4 · accession 0000899243-16-022323

Carbonite Inc · CARB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

Menlo Ventures X L P

10% Owner

MENLO ENTREPRENEURS FUND X LP

10% Owner

MMEF X LP

10% Owner

MV Management X, L.L.C.

10% Owner

Period of report

Jun 7, 2016

Accepted (ET)

Jun 9, 2016 · 9:08 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001340127

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2	Jun 7, 2016	S	243,664	$9.85	D	2,995,297	I	By Menlo Ventures X, L.P.
Common Stock^F3	Jun 7, 2016	S	2,071	$9.85	D	25,460	I	By Menlo Entrepreneurs Fund X, L.P.
Common Stock^F4	Jun 7, 2016	S	4,265	$9.85	D	52,421	I	By MMEF X, L.P.
Common Stock^F2	Jun 8, 2016	S	185,185	$9.85	D	2,810,112	I	By Menlo Ventures X, L.P.
Common Stock^F3	Jun 8, 2016	S	1,574	$9.85	D	23,886	I	By Menlo Entrepreneurs Fund X, L.P.
Common Stock^F4	Jun 8, 2016	S	3,241	$9.85	D	49,180	I	By MMEF X, L.P.
Common Stock^F1,F2	Jun 8, 2016	J	974,658	—	D	1,835,454	I	By Menlo Ventures X, L.P.
Common Stock^F1,F3	Jun 8, 2016	J	8,284	—	D	15,602	I	By Menlo Entrepreneurs Fund X, L.P.
Common Stock^F1,F4	Jun 8, 2016	J	17,058	—	D	32,122	I	By MMEF X, L.P.
Common Stock^F1	Jun 8, 2016	J	10,000	—	A	10,000	I	By MV Management X, L.L.C.
Common Stock^F1	Jun 8, 2016	J	10,000	—	D	0	I	By MV Management X, L.L.C.

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Explanation of code (J): Pro rata in kind distribution without consideration by Menlo Ventures X, L.P., Menlo Entrepreneurs Fund X, L.P. and MMEF X, L.P. to all their partners, including MV Management X, L.L.C., which in turn distributed pro rata in kind without consideration the 10,000 shares it received to its members.
F2These shares are owned directly by Menlo Ventures X, L.P. ("Menlo X"), of which MV Management X, L.L.C. ("MVM-X") is the sole general partner and exercises voting and investment power over these shares. The managing members of MVM-X are Shawn T. Carolan, H.D. Montgomery, Douglas C. Carlisle, John W. Jarve, Mark A. Siegel, and Pravin A. Vazirani. The reporting person and its managing members disclaim beneficial ownership of these securities, except to the extent of their respective proportionate pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose. Menlo X, Menlo Entrepreneurs Fund X, L.P. and MMEF X, L.P. may be deemed to be a member of a Section 13(d) "group." Menlo Entrepreneurs Fund X, L.P. and MMEF X, L.P. disclose the existence of such group and disclaim beneficial ownership of any shares held by Menlo X.
F3These shares are owned directly by Menlo Entrepreneurs Fund X, L.P., of which MVM-X is the sole general partner and exercises voting and investment power over these shares. The managing members of MVM-X are Shawn T. Carolan, H.D. Montgomery, Douglas C. Carlisle, John W. Jarve, Mark A. Siegel, and Pravin A. Vazirani. The reporting person and its managing members disclaim beneficial ownership of these securities, except to the extent of their respective proportionate pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose. Menlo X, Menlo Entrepreneurs Fund X, L.P. and MMEF X, L.P. may be deemed to be a member of a Section 13(d) "group." Menlo X and MMEF X, L.P. disclose the existence of such group and disclaim beneficial ownership of any shares held by Menlo Entrepreneurs Fund X, L.P.
F4Theses shares are owned directly by MMEF X, L.P., of which MVM-X is the sole general partner and exercises voting and investment power over these shares. The managing members of MVM-X are Shawn T. Carolan, H.D. Montgomery, Douglas C. Carlisle, John W. Jarve, Mark A. Siegel, and Pravin A. Vazirani. The reporting person and its managing members disclaim beneficial ownership of these securities, except to the extent of their respective proportionate pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose. Menlo X, Menlo Entrepreneurs Fund X, L.P. and MMEF X, L.P. may be deemed to be a member of a Section 13(d) "group." Menlo X and Menlo Entrepreneurs Fund X, L.P. disclose the existence of such group and disclaim beneficial ownership of any shares held by MMEF X, L.P.
F5Represents the receipt of Common Stock by MVM X, as described in greater detail in footnote (1).
F6Represents a pro-rata in-kind distribution of Common Stock by MVM X without consideration to its members.