SHEER DANIELLE 4
4 · Carbonite Inc · Filed Feb 8, 2019
Insider Transaction Report
Form 4
Carbonite IncCARB
SHEER DANIELLE
General Counsel and Secretary
Transactions
- Award
Common Stock
2019-02-08+24,822→ 83,189 total
Footnotes (3)
- [F1]Reflects the grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. Upon the achievement of any vesting conditions, the restricted stock units will be settled on the applicable vest date in shares of the issuer's common stock.
- [F2]Consists of 12,411 restricted stock units which will vest in 4 equal annual installments beginning on February 8, 2020, subject to the Recipient's continued service to the Company, and 12,411 performance-based restricted stock units which will vest in whole or in part based upon the issuer's relative total shareholder return (as compared to a group of comparable companies in the Russell 3000) over a three-year performance period from the date of grant, subject to the Recipient's continued service to the Company.
- [F3]Includes 66,391 shares of common stock subject to unvested restricted stock units.