POLYCOM INC 4

4 · POLYCOM INC · Filed May 15, 2015

Form 4

Period: 2015-05-13

EVP, Engineering

Transactions

Exercise/Conversion
Common Stock
2015-05-13+55,031→ 56,474 total
Tax Payment
Common Stock
2015-05-13$13.33/sh−20,681$275,678→ 35,793 total
Exercise/Conversion
Restricted Stock Units
2015-05-13−24,350→ 48,702 total
Exercise: $0.00→ Common Stock (24,350 underlying)
Exercise/Conversion
Performance Shares
2015-05-13−30,681→ 48,702 total
Exercise: $0.00→ Common Stock (30,681 underlying)

Footnotes (4)

[F1]Securities Beneficially Owned reflects shares acquired pursuant to issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3.
[F2]This transaction represents an automatic withholding of shares by Polycom equal in current market value to the total required tax withholding due upon vesting.
[F3]Restricted Stock Units are converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 24,350 shares occurred on May 13, 2015. The remaining 48,702 shares underlying the award are scheduled to vest as to 24,351shares on May 13, 2016, and 24,351shares on May 13, 2017.
[F4]These Performance Shares awarded on May 13, 2014 were converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which occurred on May 13, 2015. The unvested award previously reported was at the target award level. The remaining 48,702 shares underlying the award are scheduled to vest as to 24,351 shares on May 13, 2016, and 24,351shares on May 13, 2017, or if later, the date the Compensation Committee certifies achievement of performance criteria for Total Shareholder Return for the remaining performance periods. Vesting of the remaining award depends on future performance and may range from 0% to 150% of the target amount.

Documents

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