4//SEC Filing
Post John 4
Accession 0001340127-19-000103
CIK 0001340127other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 5:50 PM ET
Size
5.9 KB
Accession
0001340127-19-000103
Insider Transaction Report
Form 4
Carbonite IncCARB
Post John
SVP and GM
Transactions
- Award
Common Stock
2019-05-03+72,676→ 72,676 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 (i) 50,470 restricted stock units which will vest in 4 equal annual installments beginning on March 26, 2020, (ii) 12,112 performance-based restricted stock units which will vest in whole or in part based on achievement of certain key performance metrics on March 26, 2020, which will then be subject to service vesting, with such vesting to occur in four equal 3-month installments over the one year period beginning March 26, 2020, and (iii) 10,094 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 beginning March 26, 2019, each subject to the Recipient's continued service to the Company. The vesting schedule for the PRSUs shall be accelerated upon certain Change of Control events.
- [F3]Includes 72,676 shares of common stock subject to unvested restricted stock units.
Documents
Issuer
Carbonite Inc
CIK 0001340127
Entity typeother
Related Parties
1- filerCIK 0001772770
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 5:50 PM ET
- Size
- 5.9 KB