BOWEN MARJORIE L. 4
4 · ShoreTel Inc · Filed Sep 27, 2017
Insider Transaction Report
Form 4
ShoreTel IncSHOR
BOWEN MARJORIE L.
Director
Transactions
- Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2017-09-25−40,000→ 0 totalExercise: $7.42From: 2016-09-02Exp: 2026-08-02→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Originally scheduled to vest at the rate of 1/48th per month over 4 years. Vesting was accelerated pursuant to the ShoreTel, Inc. 2015 Equity Incentive Plan.
- [F2]Following the acqusition of ShoreTel, Inc. by Mitel Networks Corporation, all vested and exercisable options and all vested RSUs were cancelled. The holder received the right to a cash payment equal to $7.50 per share, minus exercise price and applicable taxes.