Miller Andrew M. 4
4 · POLYCOM INC · Filed May 14, 2013
Insider Transaction Report
Form 4
POLYCOM INCPLCM
Miller Andrew M.
EVP, Global Field Operations
Transactions
- Exercise/Conversion
Common Stock
2013-05-11+2,500→ 313,688 total - Tax Payment
Common Stock
2013-05-11$11.32/sh−1,305$14,773→ 312,383 total - Exercise/Conversion
Restricted Stock Units
2013-05-11−2,500→ 2,500 totalExercise: $0.00→ Common Stock (2,500 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 2,500 shares occurred on 5/11/2013. The shares under this award were scheduled to vest as to 2,500 shares on each of the 3 anniversary dates of the May 11, 2011 Grant Date.