Filing Details

Accession Number:
0001311050-10-000007
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-02-23 12:00:00
Reporting Period:
2010-02-20
Filing Date:
2010-02-23
Accepted Time:
2010-02-23 19:24:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1010552 Polycom Inc PLCM Telephone & Telegraph Apparatus (3661) 943128324
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1319799 Laura Durr 4750 Willow Road
Pleasanton CA 94588
Vp, Worldwide Controller No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-02-20 1,525 $0.00 2,104 No 4 M Direct
Common Stock Disposition 2010-02-20 570 $26.20 1,534 No 4 F Direct
Common Stock Acquisiton 2010-02-20 1,250 $0.00 2,784 No 4 M Direct
Common Stock Disposition 2010-02-20 550 $26.20 2,234 No 4 F Direct
Common Stock Acquisiton 2010-02-20 1,500 $0.00 3,734 No 4 M Direct
Common Stock Disposition 2010-02-20 655 $26.20 3,079 No 4 F Direct
Common Stock Acquisiton 2010-02-21 1,982 $0.00 5,061 No 4 M Direct
Common Stock Disposition 2010-02-21 727 $26.20 4,334 No 4 F Direct
Common Stock Disposition 2010-02-22 579 $26.00 3,755 No 4 S Direct
Common Stock Disposition 2010-02-22 600 $26.00 3,155 No 4 S Direct
Common Stock Disposition 2010-02-22 2,310 $25.99 845 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Shares Disposition 2010-02-20 1,525 $0.00 1,525 $0.00
Common Stock Restricted Stock Units Disposition 2010-02-20 1,250 $0.00 1,250 $0.00
Common Stock Restricted Stock Units Disposition 2010-02-20 1,500 $0.00 1,500 $0.00
Common Stock Performance Shares Disposition 2010-02-21 1,982 $0.00 1,982 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,500 No 4 M Direct
2,500 No 4 M Direct
1,500 No 4 M Direct
0 No 4 M Direct
Footnotes
  1. Performance Shares converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, The unvested award was previously reported at target payout amount. The 2/20/10 vesting reflects a payout of shares based upon achievement at 122% of target for the 2009 Performance Period. Vesting of the remaining award depends on future performance versus target and is scheduled to occur on 2/20/11 and 2/20/12, or if later, the date the Compensation Committee certifies achievement of performance versus targets for Total Shareholder Return for the remaining Performance Periods.
  2. Restricted Stock Units will be converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 1,250 shares occurred on 2/20/2010. Vesting for the remaining shares under this award is scheduled to occur as to 1,250 shares on 2/20/2011 and 1,250 shares on 2/20/2012.
  3. This Restricted Stock Unit Award is scheduled to vest as to 50% of the total shares awarded on each of the first two (2) anniversaries of the 2/20/09 Grant Date.
  4. Performance Shares will be converted on a one-for-one basis into shares of Polycom, Inc. common stock as soon as practicable following vesting, which vesting occurred for the final 1,982 shares from this award on 2/21/2010.