Home > Insider Trading > Filing (0001247640-10-000037)

Filing Details

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
1179631	S Betsy Atkins	4750 Willow Road Pleasanton CA 94588		Yes	No	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	2010-05-27	2,500	$0.00	2,500	No	4	M	Direct
Common Stock	Disposition	2010-05-27	2,500	$30.86	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2010-05-27	2,500	$0.00	2,500	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2010-05-27	10,000	$0.00	10,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct
10,000			No	4	A	Direct

Footnotes

All trades occurred within the following one dollar price range: $30.81 through $30.91. The reported price is the weighted average for trades within this range. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
This restricted stock unit award was granted on May 27, 2009 as an automatic, nondiscretionary award under the Company's 2004 Equity Incentive Plan upon the reporting person's reelection to the Company's Board at the Company's 2009 Annual Meeting of Stockholders. The award vests in four (4) equal installments on each of the first four (4) three-month anniversaries of the grant date. 2,500 of these restricted stock units were converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting on 5/27/2010.
This Restricted Stock Unit Award is an automatic, nondiscretionary award under the Company's 2004 Equity Incentive Plan to each Nonemployee Director who is reelected to the Board at the Company's 2010 Annual Meeting of Stockholders. This Award will vest as to 25% of the total shares awarded on each of the first four (4) three-month anniversaries of the May 27, 2010 Grant Date.