SURACE RICHARD 4
4 · Carbonite Inc · Filed Dec 12, 2012
Insider Transaction Report
Form 4
Carbonite IncCARB
SURACE RICHARD
VP of Customer Service
Transactions
- Exercise/Conversion
Common Stock
2012-12-11$5.15/sh+1,984$10,218→ 1,984 total - Sale
Common Stock
2012-12-11$9.67/sh−1,984$19,185→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2012-12-11−1,984→ 33,750 totalExercise: $5.15Exp: 2020-12-16→ Common Stock (1,984 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 $9.60 to $9.70, 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 11,800 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.