Carbonite Inc 4
4 · Carbonite Inc · Filed Jun 2, 2015
Insider Transaction Report
Form 4
Carbonite IncCARB
VAZIRANI PRAVIN A
Director10% Owner
Transactions
- Award
Common Stock
2015-06-01+4,500→ 10,004 total - Award
Stock Option (right to buy)
2015-06-01+9,000→ 9,000 totalExercise: $11.14Exp: 2025-06-01→ Common Stock (9,000 underlying)
Holdings
- 3,238,961(indirect: By Menlo Ventures X, L.P.)
Common Stock
- 27,531(indirect: By Menlo Entrepreneurs Fund X, L.P)
Common Stock
- 56,686(indirect: By MMEF X, L.P.)
Common Stock
Footnotes (5)
- [F1]Reflects the grant of restricted stock that will vest in full and no longer be subject to forfeiture on June 1, 2016, subject to the Registrant's continuing service as a director. This restricted stock grant also provides for accelerated vesting on an acquisition of the Issuer.
- [F2]These shares are owned directly by Menlo Ventures X, L.P. ("Menlo X"), whose sole general partner is MV Management X, L.L.C. ("MVM-X") of which Pravin A. Vazirani is a managing member and shares voting and investment power over the shares held by Menlo X. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- [F3]These shares are owned directly by Menlo Entrepreneurs Fund X, L.P., whose sole general partner is MVM-X of which Pravin A. Vazirani is a managing member and shares voting and investment power over the shares held by Menlo Entrepreneurs Fund X, L.P. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- [F4]These shares are owned directly by MMEF X, L.P., whose sole general partner is MVM-X of which Pravin A. Vazirani is a managing member and shares voting and investment power over the shares held by MMEF X, L.P. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- [F5]This option becomes exercisable in one installment on June 1, 2016, subject to the Registrant's continuing service as a director. This stock option grant also provides for accelerated vesting on an acquisition of the Issuer.