SEC Form 4 · accession 0001463252-15-000018
PLANTRONICS INC /CA/ · PLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph B Burton
Officer — TOP DEVELOPMENT ENGINEERING EX
Period of report
May 1, 2015
Accepted (ET)
May 4, 2015 · 7:38 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 | May 1, 2015 | S | 2,594 | $53.15 | D | 69,716 | D | |
| COMMON STOCK | May 1, 2015 | S | 687 | $53.15 | D | 69,029 | D | |
| COMMON STOCK | May 1, 2015 | M | 8,000 | $32.07 | A | 77,029 | D | |
| COMMON STOCK | May 1, 2015 | S | 8,000 | $53.15 | D | 69,029 | 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 | $32.07 | May 1, 2015 | M | 8,000 | D | May 4, 2013 | May 4, 2019 | COMMON STOCK | 8,000 | 4,000 | D |
Explanation of responses
- F1Option was granted by the Issuer pursuant to a Rule 16-b plan and becomes exercisable as follows: 33.3% of the shares subject to the option vest 12 months from date of grant; and 1/36th of the shares subject to option vest each month thereafter.