SEC Form 4 · accession 0001463252-15-000006
PLANTRONICS INC /CA/ · PLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marvin Tseu
Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 2:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914025
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Mar 5, 2015 | M | 3,000 | $30.21 | A | 19,840 | D | |
| COMMON STOCK | Mar 5, 2015 | S | 3,000 | $53.00 | D | 16,840 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $30.21 | Mar 5, 2015 | M | 3,000 | D | Jul 27, 2011 | Jul 27, 2017 | COMMON STOCK | 3,000 | 0 | D |
Explanation of responses
- F1This option shall become exercisable in installments cumulatively with respect to twenty-five percent (25%) of the Optioned Stock one year after the date of grant and as to an additional six and one-quarter percent (6.25%) of the Optioned Stock each three months thereafter, if on such dates Optionee has remained in Continuous Status as a Director, so that one hundred percent (100%) of the Optioned Stock shall be exercisable four years after the date of grant.