SEC Form 4 · accession 0001127602-16-057710
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Joos
Officer — CEO · Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 6, 2016 · 8:44 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 | Jul 1, 2016 | M | 6,024 | $0.00 | A | 33,738 | D | |
| Common StockF1 | Jul 1, 2016 | F | 1,851 | $6.72 | D | 31,887 | 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 | Jul 1, 2016 | M | 6,024 | D | Jul 1, 2013 | — | Common Stock | 6,024 | 0 | D |
Explanation of responses
- F1Shares withheld to cover taxes on RSU shares released July 1, 2016.
- F2RSU vests as to 25% of the shares on 07/01/2013, and vests 25% on the two year anniversary, vests 25% on the three year anniversary, and the final 25% on the four-year anniversary.