SEC Form 4 · accession 0001463252-19-000006
PLANTRONICS INC /CA/ · PLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marvin Tseu
Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 22, 2019 · 5:17 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 21, 2019 | M | 4,238 | $36.80 | A | 24,876 | D | |
| COMMON STOCK | Feb 21, 2019 | S | 4,238 | $48.88 | D | 20,638 | 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 | $36.80 | Feb 21, 2019 | M | 4,238 | D | Aug 10, 2013 | Aug 10, 2019 | COMMON STOCK | 4,238 | 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.