4//SEC Filing
BOYNTON CHARLES D 4
Accession 0000914025-22-000065
CIK 0000914025other
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 7:30 PM ET
Size
15.4 KB
Accession
0000914025-22-000065
Insider Transaction Report
Form 4
BOYNTON CHARLES D
TOP FINANCIAL EXECUTIVE - CFO.
Transactions
- Award
COMMON STOCK
2022-08-29+30,562→ 30,562 total - Award
COMMON STOCK
2022-08-29+30,562→ 61,124 total - Disposition to Issuer
COMMON STOCK
2022-08-29$40.00/sh−92,384$3,695,360→ 0 total - Disposition to Issuer
COMMON STOCK
2022-08-29$40.00/sh−23,659$946,360→ 0 total - Disposition to Issuer
COMMON STOCK
2022-08-29$40.00/sh−173,395$6,935,800→ 0 total - Award
COMMON STOCK
2022-08-29+173,395→ 173,395 total - Disposition to Issuer
COMMON STOCK
2022-08-29$40.00/sh−38,559$1,542,360→ 0 total(indirect: By Trust)
Footnotes (7)
- [F1]Represents shares of the Issuer's common stock that were disposed of in connection with the merger of Prism Subsidiary Corp. with and into the Issuer (the "Merger") pursuant to an Agreement and Plan of Merger ("Merger Agreement"), dated as of March 25, 2022, by and among the Issuer, HP Inc. ("HP") and Prism Subsidiary Corp. At the effective time of the Merger, each share of the Issuer's common stock was cancelled and converted into the right to receive $40.00 in cash of which 38,559 shares are indirectly held in Trust.
- [F2]Represents shares of the Issuer's common stock that were disposed of in connection with the Merger pursuant to the Merger Agreement. At the effective time of the Merger, each share of the Issuer's common stock was cancelled and converted into the right to receive $40.00 in cash.
- [F3]Represents restricted stock units ("RSUs"). At the effective time of the Merger, each outstanding RSU (excluding RSUs granted on or after March 25, 2022, and on or prior to the effective time of the Merger ("Interim RSUs")) was cancelled and converted into a right to receive $40.00 in cash for each outstanding RSU.
- [F4]Represents the vesting of performance-based RSUs ("PSUs").
- [F5]At the effective time of the Merger, each outstanding PSU (excluding PSUs granted on or after March 25, 2022, and on or prior to the effective time of the Merger ("Interim PSUs")) was cancelled and converted into a right to receive $40.00 in cash, as provided in the Merger Agreement.
- [F6]At the effective time of the Merger, each Interim RSU was converted into the right to acquire a number of shares of HP common stock calculated by multiplying (i) the number of shares of the Issuer's common stock that would be issuable under such Interim RSU immediately prior to the effective time of the Merger by (ii) the exchange ratio, as defined in the Merger Agreement.
- [F7]At the effective time of the Merger, each Interim PSU was cancelled and exchanged for an Interim RSU in the manner provided in the Merger Agreement, which Interim RSU was treated at the effective time of the Merger as described in footnote 5 above.
Documents
Issuer
PLANTRONICS INC /CA/
CIK 0000914025
Entity typeother
Related Parties
1- filerCIK 0001181212
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 7:30 PM ET
- Size
- 15.4 KB