SEC Form 4 · accession 0001463252-16-000091
PLANTRONICS INC /CA/ · PLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald S Houston
Officer — TOP SALES EXECUTIVE - GLOBAL.E
Period of report
Feb 22, 2016
Accepted (ET)
Feb 23, 2016 · 8:24 pm EST
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 | Feb 22, 2016 | M | 7,500 | $16.97 | A | 76,718 | D | |
| COMMON STOCK | Feb 22, 2016 | S | 7,500 | $36.90 | D | 0 | 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 | $16.97 | Feb 22, 2016 | M | 7,500 | D | May 8, 2010 | May 8, 2016 | COMMON STOCK | 7,500 | 10,000 | 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.