Vejvoda Josef 4
4 · ShoreTel Inc · Filed Sep 27, 2017
Insider Transaction Report
Form 4
ShoreTel IncSHOR
Vejvoda Josef
Director
Transactions
- Disposition to Issuer
Restricted Stock Unit
2017-09-25−13,500→ 0 totalExercise: $0.00From: 2017-11-09Exp: 2026-11-09→ Common Stock (13,500 underlying) - Disposition to Issuer
Non-qualified Stock Option (Right to Buy)
2017-09-25−40,000→ 0 totalExercise: $7.41From: 2015-11-01Exp: 2025-10-01→ Common Stock (40,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]Originally scheduled to vest at the rate of 100% on the anniversary date of the grant. Vesting was accelerated pursuant to the ShoreTel, Inc. 2015 Equity Incentive Plan.
- [F3]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.