UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~September~~November 412, 2019 (November 10, 2019)

CARBONITE, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-35264	33-1111329
(State or other jurisdictionof incorporation)	(CommissionFile Number)	(IRS EmployerIdentification No.)
(State or other Jurisdiction of Incorporation)	(Commission File No.)	(I.R.S. Employer Identification No.)

Two Avenue de Lafayette~~, Boston, Massachusetts 02111~~

~~(Address of principal executive offices~~Boston, ~~including~~Massachusetts ~~ZIP code)~~02111

(Address of principal executive offices, including Zip Code)

(617) 587-1100

(Registrant’s telephone number, including area code)

☐(Former ~~Written~~Name ~~communications~~or ~~pursuant~~Former toAddress, ~~Rule~~if ~~425~~Changed ~~under~~Since ~~the~~Last ~~Securities Act (17 C.F.R. §230.425~~Report)

☐Check ~~Soliciting~~the ~~material~~appropriate ~~pursuant~~box tobelow ~~Rule~~if ~~14a~~the Form 8-12K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the ~~Exchange~~following ~~Act~~provisions (17see ~~C.F.R.~~General ~~§230~~Instruction A.~~14a-12~~2):

☐ ~~Pre-commencement~~Written communications pursuant to Rule ~~14d-2(b)~~425 under the ~~Exchange~~Securities Act (17 ~~C.F.R.~~CFR ~~§14d-2(b~~230.425))

☐ ~~Pre-commencement~~Soliciting ~~communications~~material pursuant to Rule ~~13e~~14a-~~4(c)~~12 under the Exchange Act (17 ~~C.F.R.~~CFR ~~§13e~~240.14a-~~4(c~~12))

Securities Registered Pursuant to Section 12(b) of the Act:
Common Stock, par value $0.01 per share	CARB	The NASDAQ Stock Market LLC
(Title of each class)	(Trading symbol)	(Name of each exchange on which registered)

☒	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
☐	If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item~~Securities ~~5.02~~registered ~~Departure~~pursuant ofto ~~Directors~~Section or12(b) ~~Certain Officers; Election~~ of ~~Directors;~~the ~~Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.~~Act:

On September 4, 2019, Carbonite, Inc. (the “Company”) issued a press release naming John Post as Chief Operating Officer; Chad Bacher as Chief Product Officer; and Hal Lonas as Chief Technology Officer. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock, par value $0.01 per share

CARB

The Nasdaq Stock Market LLC

~~Mr.~~Indicate ~~Post,~~by ~~age~~check ~~51,~~mark ~~has~~whether ~~served as~~ the ~~Company’s~~registrant ~~Senior~~is ~~Vice~~an ~~President~~emerging ~~and~~growth ~~General~~company ~~Manager~~as ofdefined ~~Webroot~~in ~~since~~Rule ~~the~~405 ~~Company’s March 2019 acquisition~~ of ~~Webroot~~the ~~Inc.~~Securities ~~Prior~~Act ~~to such time, Mr. Post served as Webroot’s CFO since March 2009. Prior to such time, from September 2008 to March 2009, Mr. Post served as Vice President~~ of ~~Tax~~1933 ~~for Dish Network~~(§230.405 ~~Prior to his time at Dish Network, from August 2005 to July 2008, Mr. Post served as Director~~ of ~~Tax~~this ~~for~~chapter) ~~Molson~~or ~~Coors~~Rule ~~Brewing~~12b-2 ~~Company, one~~ of the ~~largest~~Securities ~~global~~Exchange ~~brewers.~~Act ~~Prior to such time, from May 2004 to July 2005, Mr. Post served as Senior Manager~~ of ~~International~~1934 ~~Tax Services of Deloitte Tax LLP~~(§240.12b-2 ~~From September 2001 to April 2004, Mr. Post served as Director~~ of ~~Tax~~this ~~Planning for First Data Corporation~~chapter). ~~Prior to such time, from November 1997 to September 2001, Mr. Post served as Senior Manager of International Tax Services for Deloitte & Touche LLP.~~

~~Mr.~~Emerging ~~Bacher,~~growth age 43, has served as the Company’s Senior Vice President of Product Strategy and Technology alliances of Webroot since the Company’s March 2019 acquisition of Webroot Inc. having served in the same role for Webroot Inc. since January 2016. Prior to his time at Webroot Inc., from July 2014 to December 2015, Mr. Bacher served as Vice President of Products for Malwarebytes, a leading advanced endpoint protection and remediation solution. Prior to such time, Mr. Bacher served in various roles at Webroot Inc., including from September 2012 to July 2014 as Chief Product Officer; from July 2011 to September 2012, as Vice President of Mobile Solutions; and from January 2007 to July 2011 as Director of Product Management. Prior to holding such positions at Webroot Inc., from February 2001 to December 2006, Mr. Bacher served as Director of Product Management for Abacus. Prior to his position with Abacus, from August 1999 to February 2001, Mr. Bacher served as Technical Communication Specialist for Schwinn Cycling & Fitness. company ☐

~~Mr.~~If ~~Lonas,~~an ~~age~~emerging ~~58,~~growth ~~has served as the Company’s Chief Technology Officer since the Company’s March 2019 acquisition of Webroot Inc. Prior to such time~~company, ~~from~~indicate ~~May~~by ~~2014~~check ~~to 2019,~~mark ~~Mr.~~if ~~Lonas served as~~ the ~~Chief~~registrant ~~Technology~~has ~~Officer~~elected ~~for~~not ~~Webroot Inc., and from July 2010~~ to ~~July~~use ~~2014 as Senior Vice President of Engineering for Webroot Inc. Prior to such time, from July 2006 to July 2010, Mr. Lonas served as~~ the ~~Vice~~extended ~~President~~transition ofperiod ~~Engineering~~ for ~~BrightCloud,~~complying ~~Inc., a provider of hosted security services. Prior to his time~~ with ~~BrightCloud,~~any ~~Inc,~~new ~~from~~or ~~March~~revised ~~2004~~financial toaccounting ~~July~~standards ~~2006,~~provided ~~Mr.~~pursuant ~~Lonas served as Vice President of Research and Development for CVR, a division of ADP Dealer Services. Prior~~ to ~~such~~Section ~~time, from March 2000 to March 2004, Mr. Lonas served as Director of engineering for Websense,~~ 13(a) ~~division~~ of ~~The~~the ~~Raytheon~~Exchange ~~Company~~Act. ~~Prior to that, Mr. Lonas served in various engineering positions.~~ ☐

~~There~~Item are no family relationships between any of the newly appointed executive officers with any director or executive officer of the Company, and there are no arrangements or understandings with any person pursuant to which such persons were selected as an officer of the Company1.01 InEntry ~~addition,~~into ~~there have been no transactions involving any of the newly appointed executive officers that would be required to be disclosed pursuant to Item 404(~~a) ofMaterial ~~Regulation~~Definitive ~~S-K under the Securities Exchange Act of 1934, as amended~~Agreement.

~~The~~Agreement ~~compensation~~and ~~arrangements~~Plan ~~with each~~ of ~~the~~Merger ~~newly appointed executive officers are as follows:~~

~~John~~On ~~Post.~~November 10, The Company entered into a promotion letter agreement with Mr. Post setting forth the terms and conditions of his promotion to the Company’s Chief Operating Officer. Mr. Post’s annual base salary will be increased to $3602019,~~000.~~ ~~Pursuant to the promotion letter~~Carbonite, MrInc., ~~Post~~a ~~will~~Delaware ~~also~~corporation ~~be granted equity in the form of~~ (i“Carbonite”) ~~$500~~,~~000~~ inentered ~~value~~into ofan ~~restricted~~Agreement ~~stock~~and ~~units~~Plan ~~vesting over two years with one-half vesting on each anniversary~~ of Merger (the ~~date~~“Merger ~~of grant, and (ii~~Agreement”) ~~$500,000~~with inOpen ~~target~~Text ~~value of performance-based restricted stock units~~Corporation, ~~which shall vest in whole or in part based on the Company’s relative total shareholder return (as compared to~~ a ~~group~~Canadian ofcorporation ~~comparable companies in the Russell 3000~~(“OpenText”), ~~over~~and ~~the~~Coral ~~performance~~Merger ~~period.~~Sub ~~Each grant will be contingent upon Mr~~Inc., ~~Post’s~~a ~~continued~~Delaware ~~employment~~corporation ~~with the Company through the applicable vesting date~~ and ~~will~~a bewholly ~~subject~~owned tosubsidiary ~~the terms and conditions~~ of ~~the~~OpenText ~~Company's~~(“Merger ~~2011 Equity Award Plan and applicable award agreement~~Sub”).

~~Chad~~Pursuant ~~Bacher.~~to ~~The~~the ~~Company~~Merger ~~entered~~Agreement, ~~into~~upon ~~a promotion letter agreement with Mr. Bacher setting forth~~ the terms and ~~conditions~~subject ~~of his promotion as the Company’s Chief Product Officer. Mr. Bacher’s annual base salary shall remain at $300,000. Pursuant~~ to the ~~promotion~~conditions ~~letter~~thereof, ~~Mr.~~Merger ~~Bacher~~Sub will ~~also~~commence bea ~~granted~~tender ~~equity~~offer in (the ~~form of (i~~“Offer”) ~~$250,000~~no inlater ~~value~~than ofNovember 25, ~~restricted~~2019, ~~stock~~to ~~units~~acquire ~~vesting~~all ~~over~~of ~~two~~the ~~years~~outstanding ~~with~~shares ~~one-half vesting on each anniversary~~ of ~~the~~common ~~date~~stock of ~~grant~~Carbonite, ~~and (ii)~~ $~~300,000~~0.01 inpar ~~target~~ value ofper ~~performance-based~~share ~~restricted stock units, which shall vest in whole or in part based on the Company’s relative total shareholder return~~ (~~as compared to a group of comparable companies in~~ the ~~Russell 3000~~“Shares”), ~~over~~at ~~the~~an ~~performance~~offer ~~period.~~price ~~Each~~of ~~grant will be contingent upon Mr~~$23.00 ~~Bacher’s~~per ~~continued~~Share ~~employment~~in ~~with~~cash (the ~~Company~~“Offer ~~through~~Price”), ~~the~~net ~~applicable vesting date and will be subject~~ to the ~~terms~~seller ~~and conditions~~ of ~~the~~any ~~Company's~~withholding ~~2011~~of ~~Equity~~taxes ~~Award Plan~~ and ~~applicable~~without ~~award~~interest ~~agreement~~thereon.

~~Hal~~The ~~Lonas.~~obligation ~~The~~of ~~Company~~Merger ~~entered~~Sub ~~into~~to apurchase ~~promotion~~Shares ~~letter~~tendered ~~agreement~~in ~~with~~the ~~Mr.~~Offer ~~Lonas~~is ~~setting~~subject ~~forth~~to the ~~terms~~satisfaction ~~and~~or ~~conditions~~waiver of ~~his~~a ~~promotion~~number asof ~~the~~conditions ~~Company’s~~set ~~Chief~~forth ~~Technology~~in ~~Officer.~~the ~~Mr.~~Merger ~~Lonas’~~Agreement, ~~annual~~including ~~base~~(i) that ~~salary~~there shall ~~remain~~have atbeen ~~$300,000.~~validly ~~Pursuant~~tendered toand ~~the~~not ~~promotion~~subsequently ~~letter~~validly withdrawn Shares that, ~~Mr.~~considered ~~Lonas~~together ~~will~~with ~~also~~all beother ~~granted~~Shares, ~~equity~~if inany, ~~the~~beneficially ~~form~~owned ofby ~~(i)~~OpenText ~~$250~~and affiliated entities,~~000~~ inrepresent ~~value~~one ofmore ~~restricted~~Share ~~stock~~than ~~units~~50% ~~vesting~~of ~~over~~the ~~two~~total ~~years~~number ~~with~~of ~~one-half~~Shares ~~vesting~~outstanding onimmediately ~~each~~following ~~anniversary~~consummation of the ~~date~~Offer of(the ~~grant,~~“Minimum ~~and~~Condition”); (ii) ~~$300,000~~the inexpiration ~~target~~or ~~value~~termination of ~~performance-based~~the ~~restricted~~applicable ~~stock~~waiting ~~units,~~period ~~which~~under ~~shall~~the ~~vest~~Hart-Scott-Rodino inAntitrust ~~whole~~Improvements orAct inof ~~part~~1976, ~~based~~as onamended (the ~~Company’s~~“HSR ~~relative~~Act”) ~~total~~and ~~shareholder~~receipt ~~return~~of ~~(as~~a ~~compared~~decision to aauthorize, ~~group~~not ofto ~~comparable~~oppose, ~~companies~~or innot ~~the~~to ~~Russell~~exercise ~~3000)~~jurisdiction over the ~~performance~~transactions ~~period.~~contemplated ~~Each~~by ~~grant~~the ~~will~~Merger beAgreement ~~contingent~~from ~~upon~~the ~~Mr.~~competition ~~Lonas’~~authority ~~continued~~in ~~employment~~Germany ~~with~~ (the ~~Company~~“German ~~through~~Antitrust ~~the~~Approval”); ~~applicable vesting date~~ and ~~will~~(iii) those beother ~~subject~~conditions toset ~~the~~forth ~~terms~~in ~~and~~Annex ~~conditions~~I ofto the ~~Company's~~Merger ~~2011~~Agreement ~~Equity~~(collectively, ~~Award~~the ~~Plan~~“Offer ~~and applicable award agreement~~Conditions”).

~~Each~~The Offer will initially expire on the date that is twenty (20) business days following the commencement of ~~Messrs.~~the ~~Post~~Offer, ~~Bacher~~unless otherwise agreed to in writing by OpenText and ~~Lonas~~Carbonite. The expiration date may be extended under the following circumstances: (i) if, as of the then-scheduled expiration date, any Offer Condition is ~~also~~not ~~eligible~~satisfied and has not been waived, Merger Sub may, without the consent of Carbonite, extend the Offer on one or more occasions, for additional periods of up to ~~participate~~ten (10) business days per extension, to permit such Offer Condition to be satisfied; (ii) if, as of the then-scheduled expiration date, any Offer Condition (other than the Minimum Condition) is not satisfied and has not been waived by Merger Sub in its sole discretion, Merger Sub shall, at the ~~Company'~~request of Carbonite, extend the Offer on one or more occasions, for additional periods of up to ten (10) business days per extension, to permit such Offer Condition(s) ~~executive~~to ~~incentive~~be ~~bonus~~satisfied; ~~plan~~(iii) if, as of the then-scheduled expiration date, all Offer Conditions have been satisfied or waived by Merger Sub in its sole discretion, other ~~benefit~~than ~~programs~~the ~~that~~Minimum Condition, Merger Sub shall, at the ~~Company~~request ~~establishes~~of ~~and~~Carbonite, ~~makes~~extend ~~available~~the Offer on up to ~~its~~three ~~employees~~(3) occasions, for additional periods of up to ten (10) business days per extension, to permit the Minimum Condition to be satisfied; and (iv) Merger Sub shall extend the Offer from time to time for, (A) any period required by any legal requirement, any interpretation or position of the Securities and Exchange Commission (the “SEC”) or its staff or Nasdaq applicable to the ~~same~~Offer; ~~extent~~and ~~available~~(B) periods of up to ~~similarly~~ten ~~situated~~(10) business ~~executives~~days per extension, until all waiting periods (and any extensions thereof) applicable to the consummation of the ~~Company~~Offer under the HSR Act and any foreign antitrust or competition-related legal requirement shall have expired or been terminated. InWithout ~~addition~~the written consent of Carbonite, ~~each~~Merger ~~executive~~Sub ~~has~~shall anot ~~severance~~be ~~arrangement~~permitted ~~similar~~to, and without the written consent of Merger Sub, Merger Sub shall not be required to, ~~similarly~~extend ~~situated~~the ~~executive~~Offer ~~officer~~beyond the earlier to occur of ~~Company~~the termination of the Agreement and the End Date. Merger Sub shall not terminate the Offer prior to the expiration date without the written consent of Carbonite.

~~The~~Subject ~~foregoing~~to ~~summaries~~the satisfaction or waiver of the ~~compensation~~Offer ~~arrangements~~Conditions, ~~described~~Merger ~~above~~Sub ~~are~~will ~~summary~~(i) promptly inafter ~~nature~~the ~~and~~expiration ~~are~~date ~~qualified~~of inthe ~~their~~Offer ~~entirety~~accept byfor ~~reference~~payment toall ~~the~~Shares ~~promotion~~tendered ~~letter~~(and ~~agreements~~not orvalidly ~~employment~~withdrawn) ~~agreement~~pursuant asto ~~applicable,~~the ~~copies~~Offer (the time of ~~which~~such ~~are~~acceptance, ~~attached~~the ~~hereto~~“Offer asAcceptance ~~exhibits~~Time”) and ~~incorporated~~(ii) promptly ~~herein~~after bythe ~~reference~~Offer Acceptance Time pay for such Shares.

InOn ~~connection~~the ~~with~~date of the ~~appointment~~consummation of the ~~officers~~Offer ~~above,~~and onupon ~~September~~the 4,terms ~~2019~~and subject to the conditions set forth in the Merger Agreement and in accordance with Section 251(h) of the Delaware General Corporation Law, ~~Mr.~~Merger ~~Robert~~Sub ~~Beeler~~will merge with and into Carbonite, ~~Senior~~with ~~Vice~~Carbonite ~~President~~surviving as a wholly owned subsidiary of ~~Products~~OpenText ~~and~~(the ~~Engineering~~“Merger”), ~~took~~without a ~~new~~meeting ~~role~~or ~~within~~vote of stockholders of Carbonite. At the ~~Company~~effective ~~reporting~~time of the Merger (the “Effective Time”), the Shares not purchased pursuant to ~~Mr.~~the ~~Hal~~Offer ~~Lonas~~(other than Shares held by Carbonite, OpenText, Merger Sub, any wholly owned subsidiary of Carbonite, OpenText or Merger Sub or by stockholders of Carbonite who have perfected their statutory rights of appraisal under Delaware law) will each be converted into the right to receive the Offer Price, in each case without interest and net of any withholding.

~~Item~~In 9addition, at the Effective Time, each option to purchase Shares (a “Company Stock Option”) that is then outstanding, whether or not vested or exercisable, and which has a per share exercise price that is less than the Offer Price, will be cancelled and converted into the right to receive a cash payment equal to (i) the excess, if any, of (A) the Offer Price over (B) the exercise price payable per Share under such Company Stock Option, multiplied by (ii) the total number of Shares subject to such Company Stock Option.01 ~~Exhibits~~Each Company Stock Option with a per share exercise price that is equal to or greater than the Offer Price will be cancelled with no consideration payable in respect thereof.

At the Effective Time, each time vesting restricted stock unit with respect to Shares (da “Company RSU”), ~~Exhibits~~that is then outstanding, whether or not vested, will be cancelled and converted into the right to receive a cash payment equal to the product of (i) the Offer Price and (ii) the number of Shares subject to such Company RSU.

	10.1	Promotion Letter between the Company and John Post
	10.2	Promotion Letter between the Company and Chad Bacher
	10.3	Promotion Letter between the Company and Hal Lonas
	99.1	Press Release

At the Effective Time, each performance vesting restricted stock unit with respect to Shares (a “Company PSU”), that is then outstanding, whether or not vested, (i) for which the applicable performance period has ended prior to the Effective Time, will be cancelled and converted into the right to receive a cash payment equal to the product of (A) the Offer Price and (B) the number of Shares subject to such Company PSU (determined based on actual performance); (ii) for which the applicable performance period is ongoing immediately prior to the Effective Time and which is measured based on the attainment of annual recurring revenue and adjusted EBITDA targets, will be cancelled and converted into the right to receive a cash payment equal to the product of (A) the Offer Price and (B) the number of Shares subject to such Company PSU (determined based on 100% of target performance); and (iii) for which the applicable performance period is ongoing immediately prior to the Effective Time and which is measured based on relative total shareholder return with respect to the Shares, will be cancelled and converted into the right to receive a cash payment equal to the product of (A) the Offer Price and (B) the number of Shares subject to such Company PSU (determined by the board of directors of Carbonite in consultation with OpenText).

Each award of Shares subject to vesting restrictions shall become fully vested immediately prior to the Effective Time and converted into the right to receive the Offer Price following the Effective Time.

The Merger Agreement includes representations, warranties and covenants of the parties customary for a transaction of this nature. Among other things, until the earlier of the termination of the Merger Agreement or the Effective Time, Carbonite has agreed to operate its business in the ordinary course consistent with past practice and has agreed to certain other operating covenants, as set forth more fully in the Merger Agreement. The Merger Agreement also prohibits Carbonite’s solicitation of proposals relating to alternative transactions and restricts Carbonite’s ability to furnish information to, or participate in any discussions or negotiations with, any third party with respect to any such transaction, subject to certain limited exceptions.

The Merger Agreement also contains termination provisions for both Carbonite and OpenText and further provides that, upon termination of the Merger Agreement under specified circumstances, including termination by Carbonite to enter into a definitive agreement with respect to an unsolicited superior proposal, Carbonite will be required to pay a termination fee of $28,902,775 (the “Termination Fee”). A superior proposal includes a written proposal pursuant to which a third party would acquire 90% or more of the revenues, net income or assets of Carbonite and its subsidiaries or of the voting power of Carbonite, on terms that the board of directors of Carbonite determines in its good faith (after consultation with its financial and outside legal advisors) to be more favorable to Carbonite’s stockholders (solely in their capacity as such) from a financial point of view than the Merger and the Offer, taking into account all terms and conditions of such proposal and the Merger Agreement, and all other financial, legal, regulatory and other aspects of such proposal that the board of directors of Carbonite considers in good faith to be appropriate (including the conditionality, and the timing and likelihood of consummation of such proposal). Any termination of the Merger Agreement by Carbonite in connection with a superior proposal is subject to certain conditions, including Carbonite’s compliance with certain procedures set forth in the Merger Agreement and a determination by the board of directors of Carbonite, in good faith and after consultation with outside counsel, that the failure to take such action would be inconsistent with their fiduciary duties under applicable law and payment of the Termination Fee by Carbonite.

In addition, either Carbonite or OpenText may terminate the Merger Agreement, at any time prior to the time Merger Sub accepts the Shares tendered pursuant to the Offer for payment, if the Offer Acceptance Time has not occurred on or before March 31, 2020 (the “End Date”).

Additional Information

The foregoing description of the Merger Agreement is not complete and is qualified in its entirety by reference to the Merger Agreement, which is attached as Exhibit 2.1 to this report and incorporated herein by reference.

The Merger Agreement and the foregoing description have been included to provide investors and stockholders with information regarding the terms of the Merger Agreement. They are not intended to provide any other factual information about Carbonite. The representations, warranties and covenants contained in the Merger Agreement were or will be made only as of specified dates for the purposes of the Merger Agreement, were (except as expressly set forth therein) solely for the benefit of the parties to such agreements and may be subject to qualifications and limitations agreed upon by such parties. In particular, in reviewing the representations, warranties and covenants contained in the Merger Agreement and discussed in the foregoing descriptions, it is important to bear in mind that such representations, warranties and covenants were negotiated with the principal purpose of allocating risk between the parties, rather than establishing matters as facts. Such representations, warranties and covenants may also be subject to a contractual standard of materiality different from those generally applicable to stockholders and reports and documents filed with the SEC. Investors are not third-party beneficiaries under the Merger Agreement. Accordingly, investors and stockholders should not rely on such representations, warranties and covenants as characterizations of the actual state of facts or circumstances described therein. Information concerning the subject matter of such representations, warranties and covenants may change after the date of the agreements, which subsequent information may or may not be fully reflected in the parties’ public disclosures.

Notice to Investors and Security Holders

The Offer referred to in this Current Report on Form 8-K (the “Current Report”) has not yet commenced. The description contained in this Current Report is neither an offer to purchase nor a solicitation of an offer to sell any securities, nor is it a substitute for the tender offer materials that OpenText and Merger Sub will file with the SEC. The solicitation and offer to buy Shares will only be made pursuant to an offer to purchase and related tender offer materials. At the time the Offer is commenced, OpenText and Merger Sub will file a tender offer statement on Schedule TO and thereafter Carbonite will file a solicitation/recommendation statement on Schedule 14D-9 with the SEC with respect to the Offer. THE TENDER OFFER MATERIALS (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 WILL CONTAIN IMPORTANT INFORMATION. ANY HOLDERS OF SHARES ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT HOLDERS SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES. The offer to purchase, the related letter of transmittal and the solicitation/recommendation statement will be made available for free at the SEC’s website at www.sec.gov. Additional copies may be obtained for free by contacting OpenText or Carbonite. Copies of the documents filed with the SEC by Carbonite will be available free of charge on Carbonite’s internet website at https://investor.carbonite.com or by contacting Carbonite’s Investor Relations Department at (617) 587-1102. Copies of the documents filed with the SEC by OpenText will be available free of charge on OpenText’s internet website at https://investors.opentext.com or by contacting OpenText’s Investor Relations Department at (415) 963-0825.

In addition to the offer to purchase, the related letter of transmittal and certain other tender offer documents, as well as the solicitation/recommendation statement, Carbonite and OpenText will each file annual, quarterly and current reports with the SEC. You may read and copy any reports or other information filed by OpenText or Carbonite at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. Carbonite’s and OpenText’s filings with the SEC are also available to the public from commercial document-retrieval services and at the website maintained by the SEC at http://www.sec.gov.

Forward Looking Statements

The information contained in this Current Report is as of November 12, 2019. Carbonite assumes no obligation to update forward-looking statements contained in this Current Report as the result of new information or future events or developments.

This Current Report contains forward-looking information related to Carbonite, OpenText and the proposed acquisition of Carbonite by OpenText that involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements in this document and the accompanying exhibits include, among other things, statements about the potential benefits of the proposed acquisition, Carbonite’s and OpenText’s plans, objectives, expectations and intentions and the anticipated timing of closing of the proposed acquisition. Risks and uncertainties include, among other things, risks related to the satisfaction or waiver of the conditions to closing the proposed acquisition (including the failure to obtain necessary regulatory approvals) in the anticipated timeframe or at all, including uncertainties as to how many of Carbonite’s stockholders will tender their shares in the tender offer and the possibility that the acquisition does not close; the possibility that competing offers may be made; risks related to obtaining the requisite consents to the acquisition, including, without limitation, the timing (including possible delays) and receipt of regulatory approvals from various governmental entities (including any conditions, limitations or restrictions placed on these approvals and the risk that one or more governmental entities may deny approval); risks related to the ability to realize the anticipated benefits of the proposed acquisition, including the possibility that the expected benefits and accretion from the proposed acquisition will not be realized or will not be realized within the expected time period; the risk that the businesses will not be integrated successfully; Carbonite’s ability to integrate the Webroot acquisition and achieve the expected benefits of such acquisition; Carbonite’s ability to profitably attract new customers and retain existing customers; Carbonite’s dependence on the market for cloud backup services, and its ability to manage growth, changes in economic or regulatory conditions or other trends affecting the Internet and the information technology industry; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs; unknown liabilities; the risk of litigation and/or regulatory actions related to the proposed acquisition; other business effects, including the effects of industry, market, economic, political or regulatory conditions; future exchange and interest rates; and changes in tax and other laws, regulations, rates and policies.

A further description of risks and uncertainties relating to Carbonite can be found in Carbonite’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and in its subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all of which are filed with the SEC and available at www.sec.gov and www.carbonite.com.

Item 8.01

Other Events.

On November 11, 2019, Carbonite issued a press release announcing the execution of the Merger Agreement. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits


Exhibit Number		Description

	2.1	Agreement and Plan of Merger, dated November 10, 2019, among Carbonite, Inc., Open Text Corporation and Coral Merger Sub Inc.*

	99.1	Carbonite Press Release, dated November 11, 2019.

	104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

*	Schedules to the Agreement and Plan of Merger have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The registrant will furnish copies of any such schedules to the U.S. Securities and Exchange Commission upon request.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized ~~on September 4, 2019~~.

~~CARBONITE~~Carbonite, ~~INC~~Inc. By: /s/ ~~Stephen~~Anthony ~~Munford~~Folger ~~Name:~~Anthony ~~Stephen~~Folger ~~Munford Title: Interim~~ Chief ~~Executive~~Financial Officer ~~and President~~

Dated: November 12, 2019

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