SEC Form 4 · accession 0001179110-17-003857
Care.com Inc · CRCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Echenberg
Officer — Chief Financial Officer
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001412270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 | holding | — | — | — | 22,581 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | Mar 1, 2017 | A | 8,706 | A | — | — | Common Stock | 8,706 | 8,706 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2The restricted stock units will vest as to 25% of the original grant on March 9, 2017. The balance of the grant will vest in twelve equal quarterly installments beginning on June 9, 2017. The restricted stock units have no expiration date.
- F3On March 11, 2016, the Reporting Person was granted an award of restricted stock units, which vest based upon the Issuer's satisfaction of certain performance goals. On March 1, 2017, the Audit Committee of the Issuer's Board of Directors determined that certain of the performance goals had been met, resulting in the vesting of these restricted stock units.