SEC Form 4 · accession 0001127602-16-055494
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen Seto
Officer — General Counsel
Period of report
Jun 11, 2016
Accepted (ET)
Jun 14, 2016 · 2:44 pm EDT
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 Stock | Jun 11, 2016 | M | 1,500 | $0.00 | A | 11,867 | D | |
| Common StockF1 | Jun 11, 2016 | F | 551 | $6.33 | D | 11,316 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Jun 11, 2016 | M | 1,500 | D | Jun 11, 2013 | — | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Shares withheld to cover taxes on RSU shares released on June 11, 2016.
- F2RSU Grant of 6,000 shares vests as to 25% of the shares on 06/11/2013, and vests 25% on the two year anniversary, vests 25% on the three year anniversary, and the final 25% on the four-year anniversary of the vesting commencement date.