POLYCOM INC 4
4 · POLYCOM INC · Filed Sep 27, 2016
Insider Transaction Report
Form 4
POLYCOM INCPLCM
Darwish Sayed
SVP, General Counsel and CAO
Transactions
- Disposition to Issuer
Restricted Stock Units
2016-09-26−94,560→ 0 totalExercise: $0.00→ Common Stock (94,560 underlying) - Disposition to Issuer
Performance Shares
2016-09-26−94,560→ 0 totalExercise: $0.00→ Common Stock (94,560 underlying) - Disposition to Issuer
Common Stock
2016-09-27−164,082→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2016-09-26−30,000→ 0 totalExercise: $11.61From: 2013-05-29Exp: 2019-05-29→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to that certain Agreement and Plan of Merger between the Issuer, Triangle Private Holdings I, LLC and Triangle Private Merger Sub Inc. (the "Merger Agreement"), in exchange for a cash payment of $12.50 per share.
- [F2]Cancelled pursuant to the Merger Agreement, in exchange for a cash payment of $12.50 per share.
- [F3]Cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to (x) the difference between $12.50 and the $11.61 per share option strike price, multiplied by (y) the number of disposed option shares.