SEC Form 4 · accession 0000880804-15-000028
PREMIERE GLOBAL SERVICES, INC. · PGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Trine
Officer — Chief Financial Officer
Period of report
Feb 27, 2015
Accepted (ET)
Apr 2, 2015 · 7:36 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 | 1,350 | $0.00 | D | 215,930 | D | |
| Common Stock | Mar 31, 2015 | F | 4,358 | $9.56 | D | 211,572 | D | |
| Common StockF3 | Mar 31, 2015 | A | 31,746 | $0.00 | A | 243,318 | D | |
| Common StockF4 | Mar 31, 2015 | A | 31,746 | $9.56 | A | 275,064 | D |
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 3 annual installments of 7,936, 7,937 amd 15,873 beginning on March 31, 2016.