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4//SEC Filing

PREMIERE GLOBAL SERVICES, INC. 4

Accession 0000880804-15-000012

CIK 0000880804operating

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 5:37 PM ET

Size

13.7 KB

Accession

0000880804-15-000012

Insider Transaction Report

Form 4
Period: 2015-02-27
JONES BOLAND T
DirectorChief Executive Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2015-02-276,2261,641,299 total
  • Tax Payment

    Common Stock

    2015-02-27$9.74/sh18,917$184,2521,647,525 total
  • Award

    Common Stock

    2015-02-27+23,0221,664,321 total
  • Tax Payment

    Common Stock

    2015-02-27$9.74/sh3,838$37,3821,660,483 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    590
  • Common Stock

    (indirect: By 401(k))
    4,702
  • Common Stock

    (indirect: By 1996 GRAT)
    55,427
  • Common Stock

    (indirect: By Partnership)
    1,330,753
Footnotes (5)
  • [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.
  • [F4]The number of shares reported is based on a plan statement dated as of April 10, 2014.
  • [F5]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

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, 5:37 PM ET
Size
13.7 KB