SURACE RICHARD 4
4 · Carbonite Inc · Filed Nov 27, 2012
Insider Transaction Report
Form 4
Carbonite IncCARB
SURACE RICHARD
VP of Customer Service
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2012-11-26−4,950→ 38,250 totalExercise: $5.15Exp: 2020-12-16→ Common Stock (4,950 underlying) - Sale
Common Stock
2012-11-26$9.29/sh−4,950$45,985→ 0 total - Exercise/Conversion
Common Stock
2012-11-26$5.15/sh+4,950$25,493→ 4,950 total
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 $9.20 to $9.40, 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 is currently exercisable for 16,300 shares of common stock, after giving effect to the transactions reported on this Form 4. This option will become exercisable as to the remaining underlying shares of common stock in 9 equal quarterly installments beginning on December 27, 2012.