Levinson Marina 4
4 · Carbonite Inc · Filed May 10, 2018
Insider Transaction Report
Form 4
Carbonite IncCARB
Levinson Marina
Director
Transactions
- Sale
Common Stock
2018-05-10$35.14/sh−4,352$152,929→ 13,439 total - Award
Common Stock
2018-05-08+4,111→ 17,791 total
Footnotes (3)
- [F1]Reflects the grant of restricted stock that will vest in full and no longer be subject to forfeiture on the earlier of the date of the Company's next annual meeting of the stockholders or May 8, 2019, in each case subject to the reporting person's continuing service as a director. This restricted stock grant also provides for accelerated vesting on an acquisition of the Company.
- [F2]Represents shares automatically sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 16, 2018.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.05 to $35.45, inclusive. The Reporting Person undertakes to provide Carbonite, Inc., any security holder of Carbonite, Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.