SEC Form 4 · accession 0001127602-15-030002
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Healy
Officer — CFO
Period of report
Oct 30, 2015
Accepted (ET)
Nov 2, 2015 · 8:09 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 | Oct 31, 2015 | M | 1,250 | $5.8395 | A | 19,509 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F2 | $4.82 | Oct 30, 2015 | S | 42,412 | D | Feb 3, 2010 | Feb 3, 2016 | Common Stock | 42,412 | 150,000 | D |
Explanation of responses
- F1Shares of ShoreTel, Inc. acquired pursuant to ShoreTel, Inc.'s Employee Stock Purchase Plan (ESPP) on 10/31/15.
- F2The option vests as to 25% on 02/03/2010, and vests as to 1/48th of the shares each month over the next three years thereafter. Options were expiring in February 2016 and were sold pursuant to rule 10b5-1 plan.