POLYCOM INC 4
4 · POLYCOM INC · Filed Aug 4, 2015
Insider Transaction Report
Form 4
POLYCOM INCPLCM
Darwish Sayed
SVP, General Counsel and CAO
Transactions
- Exercise/Conversion
Performance Shares
2015-08-01−20,475→ 0 totalExercise: $0.00→ Common Stock (20,475 underlying) - Exercise/Conversion
Common Stock
2015-08-01+36,725→ 128,968 total - Tax Payment
Common Stock
2015-08-01$11.38/sh−19,164$218,086→ 109,804 total - Exercise/Conversion
Restricted Stock Units
2015-08-01−16,250→ 0 totalExercise: $0.00→ Common Stock (16,250 underlying)
Footnotes (3)
- [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 16,250 shares occurred on August 1, 2015. This award iis now fully vested.
- [F3]These Performance Shares awarded on August 1, 2012 were converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 20,475 shares occurred on August 1, 2015. The unvested award previously reported was at the target award level. This award is now fully vested.