SEC Form 4 · accession 0001179110-18-003091
Care.com Inc · CRCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diane Musi
Officer — General Counsel and Secretary
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 9:45 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 $0.001F1 | Feb 26, 2018 | M | 7,122 | — | A | 44,010 | 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 | — | Feb 26, 2018 | A | 21,368 | A | — | — | Common Stock | 21,368 | 21,368 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 26, 2018 | M | 7,122 | D | — | — | Common Stock | 7,122 | 14,246 | 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 one-third of the original grant on February 26, 2018. The balance of the grant will vest in four equal semi-annual installments on each September 9 and March 9 thereafter, until fully-vested on March 9, 2020. The restricted stock units have no expiration date.
- F3On March 16, 2017, the Reporting Person was granted an award of restricted stock units, which vest based upon the Issuer's satisfaction of certain performance goals. On February 26, 2018, the Audit Committee of the Issuer's Board of Directors confirmed that certain of the performance goals had been met, resulting in the vesting of these restricted stock units.