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OPEN TEXT CORP — Director's Dealing 2019
Dec 26, 2019
30627_dirs_2019-12-26_95cc47e3-eef2-4896-810e-3acb99cc4b25.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Carbonite Inc (CARB)
CIK: 0001340127
Period of Report: 2019-12-24
Reporting Person: OPEN TEXT CORP (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.001 per share | 1000 | Indirect |
Footnotes
F1: On December 24, 2019, Open Text Corporation ("Parent") and Coral Merger Sub Inc. ("Purchaser") completed the transactions contemplated by the Agreement and Plan of Merger, dated as of November 10, 2019, by and among Carbonite, Inc. ("Issuer"), Parent and Purchaser (the "Merger Agreement"). Pursuant to the terms of the Merger Agreement, Purchaser merged with and into Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Parent (the "Surviving Corporation") and Purchaser ceasing to exist following the Merger. At the effective time of the Merger, the outstanding shares of common stock of Purchaser were converted into and became shares of the Surviving Corporation.
F2: Prior to the Merger, Purchaser was a wholly-owned subsidiary of Parent. Subsequent to the Merger, Issuer is a wholly-owned subsidiary of Open Text Holdings, Inc., which is a wholly-owned subsidiary of Parent.