4//SEC Filing
PREMIERE GLOBAL SERVICES, INC. 4
Accession 0000880804-15-000009
CIK 0000880804operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:35 PM ET
Size
10.3 KB
Accession
0000880804-15-000009
Insider Transaction Report
Form 4
TRINE DAVID E
EVP, Finance
Transactions
- Disposition to Issuer
Common Stock
2015-02-27−1,350→ 213,117 total - Award
Common Stock
2015-02-27+4,996→ 218,113 total - Tax Payment
Common Stock
2015-02-27$9.74/sh−833$8,113→ 217,280 total - Tax Payment
Common Stock
2015-02-27$9.74/sh−4,059$39,535→ 214,467 total
Footnotes (3)
- [F1]Shares withheld to satisfy the reporting person's tax liability applicable to the vesting of restricted stock on February 27, 2015 relating to the reporting person's performance-based component of his long-term incentive award.
- [F2]Overachievement performance awards granted in the form of restricted stock units, or RSUs, under the Premiere Global Services, Inc.'s Amended and Restated 2004 Long-Term Incentive Plan, as amended. The RSUs could be earned based upon the achievement of a specified SaaS revenue target for 2014. One-half of the earned RSUs convert to shares of fully-vested stock on a one-for-one basis on the date of the first payroll following our fourth quarter and year-end earnings release for 2014 (the "Conversion Date"), and one-half of the earned RSUs convert to shares of restricted stock on the Conversion Date, which restricted shares vest on March 31, 2016.
- [F3]Shares withheld to satisfy the reporting person's tax liability applicable to the vesting of restricted stock on February 27, 2015 related to (2) above.
Documents
Issuer
PREMIERE GLOBAL SERVICES, INC.
CIK 0000880804
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000880804
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:35 PM ET
- Size
- 10.3 KB