SURACE RICHARD 4
4 · Carbonite Inc · Filed Nov 7, 2012
Insider Transaction Report
Form 4
Carbonite IncCARB
SURACE RICHARD
VP of Customer Service
Transactions
- Exercise/Conversion
Common Stock
2012-11-06$5.15/sh+5,000$25,750→ 8,000 total - Sale
Common Stock
2012-11-06$9.31/sh−8,000$74,480→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2012-11-06−5,000→ 43,200 totalExercise: $5.15Exp: 2020-12-16→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $9.00 to $9.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the 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 this footnote.
- [F2]This option became exercisable as to 15,000 shares of common stock on December 27, 2011 and as to an additional 3,750 shares of common stock on each of March 27, 2012, June 27, 2012, and September 27, 2012. This option will become exercisable as to the remaining underlying shares of common stock in 9 equal quarterly installments beginning on December 27, 2012.