4//SEC Filing
Oruganti Bharath 4
Accession 0001127602-17-028252
CIK 0001388133other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 5:20 PM ET
Size
22.9 KB
Accession
0001127602-17-028252
Insider Transaction Report
Form 4
ShoreTel IncSHOR
Oruganti Bharath
VP of Global Services & Ops
Transactions
- Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2017-09-25−50,500→ 0 totalExercise: $4.44From: 2014-08-15Exp: 2023-08-15→ Common Stock (50,500 underlying) - Disposition to Issuer
Restricted Stock Unit
2017-09-25−37,500→ 0 totalExercise: $0.00From: 2017-08-18Exp: 2026-08-18→ Common Stock (37,500 underlying) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2017-09-25−85,000→ 0 totalExercise: $7.35From: 2016-08-21Exp: 2025-08-21→ Common Stock (85,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2017-09-25−6,250→ 0 totalExercise: $0.00From: 2015-08-15Exp: 2024-08-15→ Common Stock (6,250 underlying) - Disposition to Issuer
Common Stock
2017-09-25−77,544→ 0 total - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2017-09-25−22,500→ 0 totalExercise: $4.02From: 2013-09-11Exp: 2022-09-11→ Common Stock (22,500 underlying) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2017-09-25−9,375→ 0 totalExercise: $6.73From: 2012-11-14Exp: 2021-11-14→ Common Stock (9,375 underlying) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2017-09-25−50,000→ 0 totalExercise: $6.61From: 2015-08-15Exp: 2024-08-15→ Common Stock (50,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2017-09-25−12,500→ 0 totalExercise: $0.00From: 2016-08-21Exp: 2025-08-21→ Common Stock (12,500 underlying)
Footnotes (4)
- [F1]Following the acquisition of ShoreTel, Inc. by Mitel Networks Corporation, shares of ShoreTel, Inc. common stock were subject to a tender offer of $7.50 per share.
- [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.
- [F3]Originally scheduled to vest at the rate of 25% on the first anniversary date of the grant and 1/48th per month thereafter. Vesting was accelerated pursuant to the ShoreTel, Inc. 2007 and/or 2015 Equity Incentive Plan, a Retention or Employment Agreement and the Agreement and Plan of Merger by and among Mitel HS Holdings, Inc., Shelby Acquisition Corporation, ShoreTel, In. and Mitel Networks Corporation dated as of July 26, 2017.
- [F4]Originally scheduled to vest at the rate of 25% a year over 4 years, on the anniversary date of the grant. Vesting was accelerated pursuant to the ShoreTel, Inc. 2007 and/or 2015 Equity Incentive Plan, a Retention or Employment Agreement and the Agreement and Plan of Merger by and among Mitel HS Holdings, Inc., Shelby Acquisition Corporation, ShoreTel, In. and Mitel Networks Corporation dated as of July 26, 2017.
Documents
Issuer
ShoreTel Inc
CIK 0001388133
Entity typeother
Related Parties
1- filerCIK 0001595526
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 5:20 PM ET
- Size
- 22.9 KB