SEC Form 4 · accession 0001127602-15-000554
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth D Denman
Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 3:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001388133
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2014 | A | 2,184 | $0.00 | A | 96,594 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired upon the immediate vesting of the Restricted Stock granted December 31, 2014 pursuant to the Company's non-employee director compensation guidelines, under which non-employee directors may elect to receive a fully-vested award of Common Stock in lieu of a cash retainer. For more information, please refer to the Current Report on Form 8-K dated February 12, 2008.
Remarks
On February 29, 2012, Mr. Denman, via an open market transaction, purchased 15,000 shares of common stock of ShoreTel, Inc. at an average price of $5.5486 per share.