SEC Form 4 · accession 0001179110-17-004531
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 9, 2017
Accepted (ET)
Mar 13, 2017 · 7:04 pm EDT
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, $0.001 par valueF1 | Mar 9, 2017 | M | 7,825 | — | A | 30,406 | D | |
| Common Stock, $0.001 par valueF1 | Mar 9, 2017 | M | 2,332 | — | A | 32,738 | D | |
| Common Stock, $0.001 par valueF1 | Mar 9, 2017 | M | 2,176 | — | A | 34,914 | D | |
| Common Stock, $0.001 par valueF3 | Mar 9, 2017 | S | 11,500 | $10.6185 | D | 23,414 | D | |
| Common Stock, $0.001 par valueF4 | Mar 10, 2017 | S | 4,418 | $10.6204 | D | 18,996 | D | |
| Common Stock, $0.001 par valueF4 | Mar 10, 2017 | S | 1,230 | $10.6203 | D | 17,766 | D | |
| Common Stock, $0.001 par valueF4 | Mar 10, 2017 | S | 1,153 | $10.6204 | D | 16,613 | 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 UnitsF1,F5 | — | Mar 9, 2017 | M | 7,825 | D | — | — | Common Stock | 7,825 | 70,425 | D |
| Restricted Stock UnitsF1,F6 | — | Mar 9, 2017 | M | 2,332 | D | — | — | Common Stock | 2,332 | 27,983 | D |
| Restricted Stock UnitsF1,F7 | — | Mar 9, 2017 | M | 2,176 | D | — | — | Common Stock | 2,176 | 6,530 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 5, 2016.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.70, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
- F4These shares were sold to cover tax withholding obligations created by the vesting of Reporting Person's restricted stock units.
- F5The restricted stock units will vest as to 25% of the original number of restricted stock units on June 9, 2016 and as to an additional 6.25% of the original number of restricted stock units at the end of each successive three month period from June 9, 2016 until June 9, 2019. The restricted stock units have no expiration date.
- F6The restricted stock units will vest as to 6.25% of the original restricted stock units at the end of each successive three month period from March 9, 2016 until March 9, 2020. The restricted stock units have no expiration date.
- F7The 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.