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Filing Details

Accession Number:: 0001340127-17-000024
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-02-13 17:27:54
Reporting Period:: 2017-02-09

Filing Date:: 2017-02-13
Accepted Time:: 2017-02-13 17:27:54
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1340127	Carbonite Inc	CARB	Services-Computer Processing & Data Preparation (7374)	331111329

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1661858	S. Paul Mellinger	C/O Carbonite, Inc. Two Avenue De Lafayette Boston MA 02111	Svp, Evault	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2017-02-09	2,475	$20.05	59,727	No	4	S	Direct
Common Stock	Disposition	2017-02-10	5,025	$19.11	54,702	No	4	S	Direct
Common Stock	Acquisiton	2017-02-10	40,072	$0.00	94,774	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	A	Direct

Footnotes

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted stock units.
Includes 49,134 shares of common stock subject to unvested restricted stock units.
Represents shares automatically sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2016.
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.
20,036 restricted stock units (the "4-Year RSUs") vest in 4 equal annual installments beginning on February 10, 2018 and will be settled on each applicable vest date in shares of the issuer's common stock. 20,036 restricted stock units (the "Performance-based RSUs") will meet the performance vesting condition if, within three years from February 10, 2017, 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.
Includes 89,206 shares of common stock subject to unvested restricted stock units.