SEC Form 4 · accession 0001209191-15-014622
Carbonite Inc · CARB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Danielle Sheer
Officer — Vice President;General Counsel
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 5:23 pm EST
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 StockF1,F2 | Feb 12, 2015 | A | 15,000 | $0.00 | A | 46,118 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $14.89 | Feb 12, 2015 | A | 20,000 | A | — | Feb 12, 2025 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Reflects the grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vest in 4 equal annual installments beginning on February 12, 2016 and will be settled on each applicable vest date in shares of the issuer's common stock.
- F2Includes 38,437 shares of common stock subject to unvested restricted stock units.
- F3This option becomes exercisable in 16 equal quarterly installments beginning on May 12, 2015.