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Filing Details

Accession Number:: 0001247640-12-000013
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-02-21 19:37:36
Reporting Period:: 2012-02-16

Filing Date:: 2012-02-21
Accepted Time:: 2012-02-21 19:37:36
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	Svp, Worldwide Controller	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-02-16	4,366	$8.40	20,856	No	4	M	Direct
Common Stock	Disposition	2012-02-16	4,366	$22.00	16,490	No	4	S	Direct
Common Stock	Acquisiton	2012-02-16	9,408	$8.18	25,898	No	4	M	Direct
Common Stock	Disposition	2012-02-16	9,408	$22.00	16,490	No	4	S	Direct
Common Stock	Acquisiton	2012-02-17	12,300	$8.40	28,790	No	4	M	Direct
Common Stock	Disposition	2012-02-17	12,300	$22.05	16,490	No	4	S	Direct
Common Stock	Acquisiton	2012-02-20	4,450	$0.00	20,940	No	4	M	Direct
Common Stock	Disposition	2012-02-20	1,633	$21.79	19,307	No	4	F	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2012-02-16	9,408	$0.00	9,408	$8.18
Common Stock	Employee Stock Option (right to buy)	Disposition	2012-02-16	4,366	$0.00	4,366	$8.40
Common Stock	Employee Stock Option (right to buy)	Disposition	2012-02-17	12,300	$0.00	12,300	$8.40
Common Stock	Restricted Stock Units	Disposition	2012-02-20	2,500	$0.00	2,500	$0.00
Common Stock	Performance Shares	Disposition	2012-02-20	1,950	$0.00	1,950	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2012-03-15	No	4	M	Direct
20,634	2012-08-02	No	4	M	Direct
8,334	2012-08-02	No	4	M	Direct
0		No	4	M	Direct
0		No	4	M	Direct

Footnotes

The employee stock option exercises and sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 30, 2011.
All trades occurred within the following one dollar price range: $22.00 through $22.01. 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.
All trades occurred within the following one dollar price range: $22.00 through $22.10. 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.
This stock option vested as to 6,788 shares of the total 16,260 granted shares (adjusted for Polycom's 2-for-1 stock split effective July 1, 2011) on the 12-month anniversary of the March 15, 2005 grant date and monthly thereafter in equal installments over the remaining 33 months until fully vested on December 15, 2007.
This stock option vested as to 25% of the total 40,000 granted shares (adjusted for Polycom's 2-for-1 stock split effective July 1, 2011) on the 12-month anniversary of the August 2, 2005 grant date and monthly thereafter in equal installments over the remaining 36 months until fully vested on August 2, 2009.
Restricted Stock Units are converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 2,500 shares occurred on 2/20/2012. This award is now fully vested.
These Performance Shares awarded on February 20, 2009 were converted into shares of Polycom, Inc. common stock following vesting, which vesting for 1,950 shares occurred on February 20, 2012. The unvested award previously reported was at the target award level. This award is now fully vested.