Home/Filings/4/0001311050-16-000109
4//SEC Filing

POLYCOM INC 4

Accession 0001311050-16-000109

CIK 0001010552operating

Filed

Sep 26, 8:00 PM ET

Accepted

Sep 27, 4:07 PM ET

Size

9.7 KB

Accession

0001311050-16-000109

Insider Transaction Report

Form 4
Period: 2016-09-23
Transactions
  • Disposition to Issuer

    Common Stock

    2016-09-2742,5000 total
  • Award

    Restricted Stock Units

    2016-09-23+20,00020,000 total
    Common Stock (20,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2016-09-2620,0000 total
    Exercise: $0.00Common Stock (20,000 underlying)
Footnotes (4)
  • [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]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
  • [F3]This restricted stock unit award was granted on September 23, 2016, in lieu of the automatic, nondiscretionary award under the Company's 2011 Equity Incentive Plan that otherwise would have been granted upon the reporting person's reelection to the Company's Board at the Company's 2016 Annual Meeting of Stockholders. This award vests as to 25% of the total granted shares underlying the award on each of December 23, 2016, March 23, 2017, June 23, 2017 and September 23, 2017.
  • [F4]Cancelled pursuant to the Merger Agreement, in exchange for a cash payment of $12.50 per share.

Issuer

POLYCOM INC

CIK 0001010552

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001010552

Filing Metadata

Form type
4
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 4:07 PM ET
Size
9.7 KB