SEC Form 4 · accession 0001340127-18-000110
Carbonite Inc · CARB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cassandra Hudson
Officer — Chief Accounting Officer
Period of report
Jul 30, 2018
Accepted (ET)
Jul 31, 2018 · 4:46 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,F2 | Jul 30, 2018 | M | 3,125 | $10.40 | A | 39,535 | D | |
| Common StockF3,F4,F2 | Jul 30, 2018 | S | 3,125 | $34.77 | D | 36,410 | 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)F1 | $10.40 | Jul 30, 2018 | M | 3,125 | D | Jan 28, 2015 | Oct 28, 2024 | Common Stock | 3,125 | 3,125 | D |
Explanation of responses
- F1Represents shares automatically exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2017.
- F2Includes 36,410 shares of common stock subject to restricted stock units.
- F3Represents shares automatically sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2017.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.50 to $35.18, 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.