Miller Andrew M. 4
4 · POLYCOM INC · Filed May 8, 2013
Insider Transaction Report
Form 4
POLYCOM INCPLCM
Miller Andrew M.
EVP, Global Field Operations
Transactions
- Exercise/Conversion
Common Stock
2013-05-06+10,000→ 316,406 total - Tax Payment
Common Stock
2013-05-06$11.00/sh−5,218$57,398→ 311,188 total - Exercise/Conversion
Restricted Stock Units
2013-05-06−10,000→ 0 totalExercise: $0.00→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]This transaction represents an automatic withholding of shares by Polycom equal in current market value to the total required tax withholding due upon vesting.
- [F2]Restricted Stock Units are converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 10,000 shares occurred on 5/6/2013. The shares under this award were scheduled to vest as to 10,000 shares on each of the 3 anniversary dates of the May 6, 2010 Grant Date. This award is now fully vested.