POLYCOM INC 4
4 · POLYCOM INC · Filed Feb 26, 2014
Insider Transaction Report
Form 4
POLYCOM INCPLCM
PARKER KEVIN T
Director
Transactions
- Exercise/Conversion
Common Stock
2014-02-24+5,000→ 40,814 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2014-02-24−5,000→ 5,000 total→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F2]This restricted stock unit award was granted on June 5, 2013 as an automatic, nondiscretionary award under the Company's 2011 Equity Incentive Plan upon the reporting person's reelection to the Company's Board at the Company's 2013 Annual Meeting of Stockholders. This award vests as to 25% of the total granted shares underlying the award on each of August 26, 2013, November 25, 2013, February 24, 2014 and May 26, 2014. 5,000 of these restricted stock units were converted on a one-for-one basis into shares of Polycom, Inc. common stock following the vesting on February 24, 2014.