SEC Form 4 · accession 0000880804-15-000026
PREMIERE GLOBAL SERVICES, INC. · PGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Boland T Jones
Officer — Chief Executive Officer · Director
Period of report
Feb 27, 2015
Accepted (ET)
Apr 2, 2015 · 7:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880804
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2015 | D | 6,226 | $0.00 | D | 1,654,257 | D | |
| Common Stock | Mar 31, 2015 | F | 6,697 | $9.56 | D | 1,647,560 | D | |
| Common StockF3 | Mar 31, 2015 | A | 146,296 | $0.00 | A | 1,789,856 | D | |
| Common StockF4 | Mar 31, 2015 | A | 146,296 | $0.00 | A | 1,932,152 | D | |
| Common Stock | holding | — | — | — | 590 | I | By Spouse | |
| Common StockF5 | holding | — | — | — | 4,702 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 1,330,753 | I | By Seven Gables Partnership, L.P. | |
| Common StockF6 | holding | — | — | — | 55,427 | I | By 1996 GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects correction of a clerical error resulting in only the forfeited shares related to the vesting of the first tranche of the reporting person's performance-based component of his long-term incentirve award being reported, instead of 100% of the forfeited shares.
- F2Shares withheld to satisfy the reporting person's tax liability applicable to the vesting of restricted stock on March 31, 2015.
- F3Restricted stock award granted on March 31, 2015 under Premiere Global Services, Inc.'s 2014 Incentive Plan. One-half of the shares vest on the date of the first payroll following our fourth quarter and year-end earnings release for 2016, based upon the achievement of a specified target in non-GAAP earnings per share from continuing operations. An equivalent number of shares vest on March 31, 2018.
- F4Restricted stock award granted under Premiere Global Services, Inc.'s 2014 Incentive Plan. Shares vest over three years in 11 equal quarterly installments of 12,191 shares beginning on June 30, 2015 and 12,195 shares on March 31, 2018.
- F5The number of shares reported is based on a plan statement dated as of April 10, 2014.
- F6The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.