SEC Form 4 · accession 0001340127-18-000082
Carbonite Inc · CARB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marina Levinson
Director
Period of report
May 8, 2018
Accepted (ET)
May 10, 2018 · 4:51 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 StockF1 | May 8, 2018 | A | 4,111 | $0.00 | A | 17,791 | D | |
| Common StockF2,F3 | May 10, 2018 | S | 4,352 | $35.14 | D | 13,439 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the grant of restricted stock that will vest in full and no longer be subject to forfeiture on the earlier of the date of the Company's next annual meeting of the stockholders or May 8, 2019, in each case subject to the reporting person's continuing service as a director. This restricted stock grant also provides for accelerated vesting on an acquisition of the Company.
- F2Represents shares automatically sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 16, 2018.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.05 to $35.45, inclusive. The Reporting Person undertakes to provide Carbonite, Inc., any security holder of Carbonite, Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.