SEC Form 4 · accession 0001127602-16-058932
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugenia Corrales
Officer — Sr. VP of Product
Period of report
Jul 28, 2016
Accepted (ET)
Jul 29, 2016 · 4:12 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 28, 2016 | M | 7,500 | $0.00 | A | 8,750 | D | |
| Common StockF1 | Jul 28, 2016 | F | 2,819 | $7.26 | D | 5,931 | 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 28, 2016 | M | 7,500 | D | Jul 28, 2016 | Jul 28, 2025 | Common Stock | 7,500 | 22,500 | D |
Explanation of responses
- F1Shares withheld to cover taxes on RSU shares released August 28, 2016.
- F2RSU vests at the rate of 25% a year over 4 years, on each annivesary date of the grant.