Filing Details
- Accession Number:
- 0001340127-17-000019
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-13 17:23:09
- Reporting Period:
- 2017-02-09
- Filing Date:
- 2017-02-13
- Accepted Time:
- 2017-02-13 17:23:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1340127 | Carbonite Inc | CARB | Services-Computer Processing & Data Preparation (7374) | 331111329 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1663708 | Norman Guadagno | C/O Carbonite, Inc. Two Avenue De Lafayette Boston MA 02111 | Svp, Marketing | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2017-02-09 | 2,475 | $20.05 | 59,698 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-02-10 | 34,348 | $0.00 | 94,046 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | A | Direct |
Footnotes
- Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted stock units.
- Includes 49,134 shares of common stock subject to unvested restricted stock units.
- 17,174 restricted stock units (the "4-Year RSUs") vest in 4 equal annual installments beginning on February 10, 2018 and will be settled on each applicable vest date in shares of the issuer's common stock. 17,174 restricted stock units (the "Performance-based RSUs") will meet the performance vesting condition if, within three years from February 10, 2017, the closing price per share of the Common Stock is at least $25.00 for 20 consecutive trading days. Upon achieving the applicable performance vesting condition ("Performance Achievement"), the Award will be subject to service vesting, with vesting of such Performance-Based Restricted Stock Units to occur in four equal 3-month installments over the one-year period from the date of Performance Achievement, subject to the Recipient's continued service to the Company through the applicable vesting date. The vesting schedule for the Performance-based RSUs shall be accelerated upon certain Change of Control events.
- Includes 83,482 shares of common stock subject to unvested restricted stock units.
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