4//SEC Filing
POLYCOM INC 4
Accession 0001247640-16-000050
CIK 0001010552operating
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 7:53 PM ET
Size
8.2 KB
Accession
0001247640-16-000050
Insider Transaction Report
Form 4
POLYCOM INCPLCM
Darwish Sayed
SVP, General Counsel and CAO
Transactions
- Award
Performance Shares
2016-03-14+53,063→ 53,063 totalExercise: $0.00→ Common Stock (53,063 underlying) - Award
Restricted Stock Units
2016-03-14+53,063→ 53,063 totalExercise: $0.00→ Common Stock (53,063 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Polycom, Inc. common stock. This Restricted Stock Unit Award is scheduled to vest in three (3) equal annual installments on each of the following vest dates: February 25, 2017, February 25, 2018 and February 25, 2019, subject to continued employment through the vesting date.
- [F2]Each Target Performance Share represents a contingent right to receive one share of Polycom, Inc. common stock. The Performance Shares vest upon achievement of certain performance criteria based on total shareholder return and are scheduled to vest as to one-third of the total target award on February 25, 2017, February 25, 2018 and February 25, 2019 (or such later dates as the Compensation Committee certifies achievement of the performance criteria). The number of shares reflected on this filing is at the target award level. The actual number of shares that may vest ranges from 0% to 150% of the target amount, depending upon actual performance and also requires continued employment through the vesting date.
Documents
Issuer
POLYCOM INC
CIK 0001010552
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001010552
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 7:53 PM ET
- Size
- 8.2 KB