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4//SEC Filing

WEISNER WALTER 4

Accession 0001209191-09-006532

CIK 0001388133other

Filed

Feb 3, 7:00 PM ET

Accepted

Feb 4, 11:09 AM ET

Size

8.7 KB

Accession

0001209191-09-006532

Insider Transaction Report

Form 4
Period: 2009-02-03
WEISNER WALTER
VP, Global Support Services
Transactions
  • Award

    Non-Qualifed Stock Option (right to buy)

    2009-02-03+80,00080,000 total
    Exercise: $4.82From: 2011-02-03Exp: 2016-02-03Common Stock (80,000 underlying)
  • Disposition to Issuer

    Non-Qualifed Stock Option (right to buy)

    2009-02-0380,0000 total
    Exercise: $14.61From: 2009-11-29Exp: 2017-11-29Common Stock (80,000 underlying)
Footnotes (3)
  • [F1]Option vests as to 50% of the shares on 02/03/2011, and vests as to 1/48th of the shares each month over the next two years thereafter.
  • [F2]Pursuant to the option exchange program of ShoreTel, Inc. ("Issuer"), Issuer canceled a 10-year option granted to the reporting person with an exercise price equal to or greater than $9.50 per share. In exchange, the reporting person received a 7-year option grant for the same number of shares having an exercise price equal to the closing sale price of Issuer's common stock on the NASDAQ Global Market on February 3, 2009.
  • [F3]The option provided for vesting as to 50% of the shares on 11/29/2009, and as to 1/48th of the shares each month over the next two years thereafter.

Issuer

ShoreTel Inc

CIK 0001388133

Entity typeother

Related Parties

1
  • filerCIK 0001268637

Filing Metadata

Form type
4
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 11:09 AM ET
Size
8.7 KB