SEC Form 4 · accession 0001311050-16-000105
POLYCOM INC · PLCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Leav
Officer — President & CEO · Director
Period of report
Sep 26, 2016
Accepted (ET)
Sep 27, 2016 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001010552
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 27, 2016 | D | 323,393 | $0.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF2 | $0.00 | Sep 26, 2016 | D | 499,504 | D | — | — | Common Stock | 499,504 | 0 | D |
| Restricted Stock UnitsF2 | $0.00 | Sep 26, 2016 | D | 463,668 | D | — | — | Common Stock | 463,668 | 0 | D |
Explanation of responses
- F1Disposed 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.
- F2Cancelled pursuant to the Merger Agreement, in exchange for a cash payment of $12.50 per share.