4//SEC Filing
POLYCOM INC 4
Accession 0001311050-16-000110
CIK 0001010552operating
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 4:08 PM ET
Size
9.8 KB
Accession
0001311050-16-000110
Insider Transaction Report
Form 4
POLYCOM INCPLCM
Daichendt Gary James
Director
Transactions
- Award
Restricted Stock Units
2016-09-23+20,000→ 20,000 total→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock
2016-09-27−15,000→ 0 total - Disposition to Issuer
Restricted Stock Units
2016-09-26−20,000→ 0 totalExercise: $0.00→ Common 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.
Documents
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, 4:08 PM ET
- Size
- 9.8 KB