SEC Form 4 · accession 0001340127-19-000023
Carbonite Inc · CARB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Beeler
Officer — SVP, Product & Engineering
Period of report
Feb 8, 2019
Accepted (ET)
Feb 8, 2019 · 4:58 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,F3 | Feb 8, 2019 | A | 27,482 | $0.00 | A | 54,969 | D |
Table II — derivative securities
No Table II lines on this filing.
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. Upon the achievement of any vesting conditions, the restricted stock units will be settled on the applicable vest date in shares of the issuer's common stock.
- F2Consists of 13,741 restricted stock units which will vest in 4 equal annual installments beginning on February 8, 2020, subject to the Recipient's continued service to the Company, and 13,741 performance-based restricted stock units which will vest in whole or in part based upon the issuer's relative total shareholder return (as compared to a group of comparable companies in the Russell 3000) over a three-year performance period from the date of grant, subject to the Recipient's continued service to the Company.
- F3Includes 49,499 shares of common stock subject to unvested restricted stock units.