FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ShoreTel Inc [ SHOR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/12/2009 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 11/10/2009 | 11/10/2009 | S | 341,000 | D | $5.9 | 3,757,394 | I | Foundation Capital, L.P.(1) | |
Common Stock | 11/10/2009 | 11/10/2009 | S | 25,000 | D | $5.9 | 430,375 | I | Foundation Capital Entrepreneurs Fund, LLC(1) | |
Common Stock | 11/10/2009 | 11/10/2009 | S | 131,000 | D | $5.9 | 2,072,148 | I | Foundation Capital Leadership Fund, L.P.(2) | |
Common Stock | 11/10/2009 | 11/10/2009 | S | 3,000 | D | $5.9 | 55,762 | I | Foundation Capital Leadership Principals Fund, LLC(2) | |
Common Stock | 170,000 | I | Koontz Revocable Trust(3) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. Foundation Capital Management Co., LLC is the Manager of Foundation Capital, L.P. and Foundation Capital Entrepreneurs Fund, LLC. Paul G. Koontz is a Manager of Foundation Capital Management Co., LLC and is deemed to share voting and investment control over the shares held by Foundation Capital, L.P. and Foundation Capital Entrepreneurs Fund, LLC. Mr. Koontz disclaims beneficial ownership of the shares except to the extent of his direct pecuniary interest therein. |
2. FC Leadership Management Co., LLC is the Manager of Foundation Capital Leadership Fund, L.P. and Foundation Capital Leadership Principals Fund, LLC. Paul G. Koontz is a Manager of FC Leadership Management Co., LLC and is deemed to share voting and investment control over the shares held by Foundation Capital Leadership Fund, L.P. and Foundation Capital Leadership Principals Fund, LLC. Mr. Koontz disclaims beneficial ownership of the shares except to the extent of his direct pecuniary interest therein. |
3. Paul G. Koontz is a Trustee of the Koontz Revocable Trust. Mr. Koontz disclaims beneficial ownership of the securities except to the extent of his direct pecuniary interest therein. |
/s/ Gail M. Haney as attorney in fact. | 11/12/2009 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |