SEC Form 4 · accession 0001179110-18-012107
Care.com Inc · CRCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sheila Lirio Marcelo
Officer — President and CEO · Director
Period of report
Oct 5, 2018
Accepted (ET)
Oct 9, 2018 · 5:39 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 | Oct 5, 2018 | M | 75,000 | — | A | 1,089,633 | D | |
| Common Stock, $0.001 par value | Oct 8, 2018 | M | 30,000 | $2.68 | A | 1,119,633 | D | |
| Common Stock, $0.001 par valueF3 | Oct 8, 2018 | S | 30,000 | $21.7088 | D | 1,089,633 | D | |
| Common Stock, $0.001 par value | Oct 9, 2018 | S | 34,925 | $20.9951 | D | 1,054,708 | D | |
| Common Stock, $0.001 par value | holding | — | — | — | 10,774 | I | By Husband | |
| Common Stock, $0.001 par valueF5 | holding | — | — | — | 276,322 | I | By GRAT |
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,F6 | — | Oct 5, 2018 | M | 75,000 | D | — | — | Common Stock | 75,000 | 0 | D |
| Stock Option (Right to Buy)F7 | $2.68 | Oct 8, 2018 | M | 30,000 | D | — | Dec 9, 2020 | Common Stock | 30,000 | 420,748 | 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 2, 2018.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.50 to $21.95, 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 Persons's restricted stock units.
- F5These shares are held by The Sheila L. Marcelo Five Year Grantor Retained Annuity Trust of which Reporting Person is the trustee.
- F6The restricted stock units vested and settled on October 5, 2018 in connection with the Issurer's common stock achieving a 120-day volume weighted average price of $20.00. The restricted stock units have no expiration date.
- F7The underlying shares subject to the option vest and became exercisable in successive, equal quarterly installments over four years measured from December 9, 2010.