Filing Details

Accession Number:
Form Type:
Zero Holdings:
Publication Time:
2012-02-07 18:50:04
Reporting Period:
Filing Date:
Accepted Time:
2012-02-07 18:50:04
SEC Url:
Form 4 Filing
Cik Name Symbol Sector (SIC) IRS No
1010552 Polycom Inc PLCM Telephone & Telegraph Apparatus (3661) 943128324
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-02-04 4,450 $0.00 19,351 No 4 M Direct
Common Stock Disposition 2012-02-04 1,861 $20.78 17,490 No 4 F Direct
Common Stock Disposition 2012-02-06 1,000 $20.59 16,490 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Restricted Stock Units Disposition 2012-02-04 2,500 $0.00 2,500 $0.00
Common Stock Performance Shares Disposition 2012-02-04 1,950 $0.00 1,950 $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. The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 30, 2011.
  2. All trades occurred within the following one dollar price range: $20.36 through $20.83. 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.
  3. Restricted Stock Units will be converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 2,500 shares occurred on 2/4/12. Vesting for the remaining 2,500 shares under this award is scheduled to occur on 2/4/13.
  4. These Performance Shares awarded on February 4, 2010 were converted into shares of Polycom, Inc. common stock following vesting. The unvested award previously reported was at the target award level. The remaining target amount of 2,500 shares underlying the award is scheduled to vest on 2/4/2013, or, if later, the date the Compensation Committee certifies achievement of performance criteria for Total Shareholder Return for the remaining performance periods. Vesting of the remaining award depends on future performance and may range from 0% to 200% of the target amount.