0001247640-16-000041.txt : 20160301 0001247640-16-000041.hdr.sgml : 20160301 20160301192227 ACCESSION NUMBER: 0001247640-16-000041 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160227 FILED AS OF DATE: 20160301 DATE AS OF CHANGE: 20160301 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: POLYCOM INC CENTRAL INDEX KEY: 0001010552 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 943128324 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6001 AMERICA CENTER DR. CITY: SAN JOSE STATE: CA ZIP: 95002 BUSINESS PHONE: 408-586-6000 MAIL ADDRESS: STREET 1: 6001 AMERICA CENTER DR. CITY: SAN JOSE STATE: CA ZIP: 95002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Leav Peter CENTRAL INDEX KEY: 0001455181 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27978 FILM NUMBER: 161475230 MAIL ADDRESS: STREET 1: 7 WORLD TRADE CENTER STREET 2: 250 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10007 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2016-02-27 0001010552 POLYCOM INC PLCM 0001455181 Leav Peter 6001 AMERICA CENTER PARKWAY SAN JOSE CA 95002 1 1 0 0 President & CEO Common Stock 2016-02-27 4 M 0 154526 0 A 386643 D Common Stock 2016-02-27 4 F 0 66437 10.33 D 320206 D Restricted Stock Units 0 2016-02-27 4 M 0 77263 0 D Common Stock 77263 154527 D Performance Shares 0 2016-02-27 4 M 0 77263 0 D Common Stock 77263 154527 D This transaction represents an automatic withholding of shares by Polycom equal in current market value to the total required tax withholding due upon vesting. Restricted Stock Units are converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which vesting for 77,263 shares occurred on February 27, 2016. The remaining 154,527 shares underlying the award are scheduled to vest as to 77,263 shares on February 27, 2017, and 77,264 shares on February 27, 2018. These Performance Shares awarded on February 27, 2015 were converted on a one-for-one basis into shares of Polycom, Inc. common stock following vesting, which occurred on February 27, 2016. The unvested award previously reported was at the target award level. The remaining 154,527 target shares underlying the award are scheduled to vest as to 77,263 shares on February 27, 2017, and 77,264 shares on February 27, 2018, 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 150% of the target amount. /s/JoAnne Zinman, Attorney-in-Fact for Peter Leav 2016-03-01