Mohan Deepak 4
4 · Carbonite Inc · Filed Aug 8, 2017
Insider Transaction Report
Form 4
Carbonite IncCARB
Mohan Deepak
SVP Products annd Engineering
Transactions
- Award
Common Stock
2017-08-04+19,315→ 39,215 total
Footnotes (2)
- [F1]Reflects the grant of 19,315 restricted stock units (the "Performance-based RSUs") which meet the performance vesting condition if, by February 21, 2020, 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.
- [F2]Includes 39,562 shares of common stock subject to unvested restricted stock units.