SEC Form 4 · accession 0001127602-16-066925
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Constance Ellen Skidmore
Director
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 3:36 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 | Nov 11, 2016 | M | 11,000 | $0.00 | A | 37,428 | 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 | Nov 9, 2016 | A | 13,500 | A | Nov 9, 2017 | Nov 9, 2026 | Common Stock | 13,500 | 13,500 | D |
| Restricted Stock UnitF3 | $0.00 | Nov 11, 2016 | M | 11,000 | D | Nov 11, 2016 | Nov 11, 2025 | Common Stock | 11,000 | 0 | D |
Explanation of responses
- F1Upon vest RSUs convert into shares of common stock on a one-for-one basis.
- F2Grant of RSUs which vest in full on the one-year anniversary date of the grant, pursuant to the company's non-employee director compensation guidelines.
- F3RSU award vested in full on the one-year anniversary date of the grant.