Filing Details
- Accession Number:
- 0001311050-11-000039
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-08 16:18:41
- Reporting Period:
- 2011-11-04
- Filing Date:
- 2011-11-08
- Accepted Time:
- 2011-11-08 16:18:41
- 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 |
---|---|---|---|---|---|---|---|
1504970 | Sudhakar Ramakrishna | 4750 Willow Road Pleasanton CA 94588 | Evp & Gm, Uc Solutions & Cdo | 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 | 2011-11-04 | 25,200 | $0.00 | 25,200 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-11-04 | 9,244 | $17.57 | 15,956 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2011-11-04 | 15,000 | $0.00 | 30,956 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-11-04 | 5,503 | $17.57 | 25,453 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2011-11-04 | 2,000 | $0.00 | 27,453 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-11-04 | 734 | $17.57 | 26,719 | No | 4 | F | Direct | |
Common Stock | Disposition | 2011-11-08 | 15,000 | $18.87 | 11,719 | 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 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Performance Shares | Disposition | 2011-11-04 | 25,200 | $0.00 | 25,200 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2011-11-04 | 15,000 | $0.00 | 15,000 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2011-11-04 | 2,000 | $0.00 | 2,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
30,000 | No | 4 | M | Direct | ||
30,000 | No | 4 | M | Direct | ||
4,000 | No | 4 | M | Direct |
Footnotes
- The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on Aug. 30, 2011.
- All trades occurred within the following one dollar price range: $18.77 through $18.96. 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.
- These Performance Shares awarded on November 4, 2010 were converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting. The unvested award previously reported was at the target award level. The remaining amount of shares underlying the award are scheduled to vest as to 15,000 target shares on 11/4/2012 and 15,000 target shares on 11/4/2013 or, if later, the date the Compensation Committee certifies achievement of performance criteria for Total Shareholder Return for the remaining performance period. Vesting of the remaining award depends upon future performance and may range from 0% to 200% of the target amount.
- Restricted Stock Units were converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 15,000 shares occurred on 11/4/2011. Vesting for the remaining shares under this award is scheduled to occur as to 15,000 shares on 11/4/2012 and 15,000 on 11/4/2013.
- Restricted Stock Units were converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 2,000 shares occurred on 11/4/2011. Vesting for the remaining shares under this award is scheduled to occur as to 2,000 shares on 11/4/2012 and 2,000 on 11/4/2013.