SEC Form 4 · accession 0001127602-16-036805
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Healy
Officer — CFO
Period of report
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 4:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001388133
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $4.82 | Jan 8, 2016 | S | 29,000 | D | Feb 3, 2010 | Feb 3, 2016 | Common Stock | 29,000 | 50,000 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $4.82 | Jan 11, 2016 | S | 30,000 | D | Feb 3, 2010 | Feb 3, 2016 | Common Stock | 30,000 | 20,000 | D |
Explanation of responses
- F1The 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.