SEC Form 4 · accession 0001463252-18-000027
PLANTRONICS INC /CA/ · PLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marvin Tseu
Director
Period of report
May 9, 2018
Accepted (ET)
May 10, 2018 · 6:36 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 9, 2018 | M | 300 | $34.02 | A | 18,034 | D | |
| COMMON STOCK | May 9, 2018 | S | 300 | $66.69 | D | 17,734 | D | |
| COMMON STOCK | May 9, 2018 | M | 200 | $34.02 | A | 17,934 | D | |
| COMMON STOCK | May 9, 2018 | S | 200 | $66.68 | D | 17,734 | D | |
| COMMON STOCK | May 9, 2018 | M | 2,500 | $34.02 | A | 20,234 | D | |
| COMMON STOCK | May 9, 2018 | S | 2,500 | $66.6692 | D | 17,734 | 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 | $34.02 | May 9, 2018 | M | 300 | D | Aug 5, 2012 | Aug 5, 2018 | COMMON STOCK | 300 | 2,700 | D |
| Non-Qualified Stock Option (right to buy)F1 | $34.02 | May 9, 2018 | M | 200 | D | Aug 5, 2012 | Aug 5, 2018 | COMMON STOCK | 200 | 2,500 | D |
| Non-Qualified Stock Option (right to buy)F1 | $34.02 | May 9, 2018 | M | 2,500 | D | Aug 5, 2012 | Aug 5, 2018 | COMMON STOCK | 2,500 | 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.