SEC Form 4 · accession 0001463252-16-000107
PLANTRONICS INC /CA/ · PLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian S Dexheimer
Director
Period of report
May 10, 2016
Accepted (ET)
May 11, 2016 · 5:48 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 10, 2016 | M | 100 | $23.49 | A | 15,545 | D | |
| COMMON STOCK | May 10, 2016 | S | 100 | $43.00 | D | 15,445 | D | |
| COMMON STOCK | holding | — | — | — | 7,910 | I | by Trust |
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 | $23.49 | May 10, 2016 | M | 100 | D | Jul 29, 2010 | Jul 29, 2016 | COMMON STOCK | 100 | 2,900 | 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.