SEC Form 4 · accession 0001463252-17-000006
PLANTRONICS INC /CA/ · PLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S Kenneth Kannappan
Officer — EXECUTIVE VICE CHAIRMAN
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 4:09 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 6, 2017 | M | 100 | $36.28 | A | 105,338 | D | |
| COMMON STOCK | Feb 6, 2017 | S | 100 | $53.57 | D | 105,238 | D | |
| COMMON STOCK | holding | — | — | — | 200 | I | by Son |
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 | $36.28 | Feb 6, 2017 | M | 3,162 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 3,162 | 46,838 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 100 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 100 | 46,738 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 838 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 838 | 45,900 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 900 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 900 | 45,000 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 1,200 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 1,200 | 43,800 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 1,300 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 1,300 | 42,500 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 2,400 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 2,400 | 40,100 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 100 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 100 | 40,000 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 4,400 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 4,400 | 35,600 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 2,700 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 2,700 | 32,900 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 1,900 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 1,900 | 31,000 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 6,491 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 6,491 | 24,509 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 3,100 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 3,100 | 21,409 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 2,500 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 2,500 | 18,909 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 1,200 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 1,200 | 17,709 | D |
| Non-Qualified Stock Option (right to buy)F1 | $36.28 | Feb 6, 2017 | M | 100 | D | Nov 5, 2011 | Nov 5, 2017 | COMMON STOCK | 100 | 17,609 | 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.