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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
1467684	M. Andrew Miller	4750 Willow Road Pleasanton CA 94588	President And Ceo	Yes	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	2012-02-15	30,000	$11.80	220,908	No	4	M	Direct
Common Stock	Disposition	2012-02-15	30,000	$21.80	190,908	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	Employee Stock Option (right to buy)	Disposition	2012-02-15	30,000	$0.00	30,000	$11.80

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
170,000		2016-08-04	No	4	M	Direct

Footnotes

The employee stock option exercise reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 22, 2011.
The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 22, 2011.
This stock option vests as to 25% of the total 200,000 granted shares (adjusted for Polycom's 2-for-1 stock split effective July 1, 2011) on the 12-month anniversary of Mr. Miller's July 1, 2009 hire date, and monthly thereafter on a pro-rata basis for the following 36 months, until fully vested on July 1, 2013.