SEC Form 4: BOYNTON CHARLES D was granted 45,003 units of COMMON STOCK and disposed of $760,413 worth of COMMON STOCK (18,592 units at $40.90), increasing direct ownership by 32% to 53,881 units to cover taxes
$PLT
Telecommunications Equipment
Public Utilities
| 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
PLANTRONICS INC /CA/ [ PLT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/10/2021 | ||||||||||||||||||||||||||
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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 | 05/10/2021 | F | 395(1) | D | $40.9 | 40,519 | D | |||
| COMMON STOCK | 05/10/2021 | F | 4,975(1) | D | $40.9 | 35,544 | D | |||
| COMMON STOCK | 05/10/2021 | A | 18,337(2) | A | $0.0 | 53,881(3) | D | |||
| COMMON STOCK | 05/10/2021 | A | 26,666(4) | A | $0.0 | 51,781 | I | by Trust(5) | ||
| COMMON STOCK | 05/10/2021 | F | 13,222(6) | D | $40.9 | 38,559 | I | by Trust | ||
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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. Represents shares withheld by Plantronics, Inc. to satisfy tax withholding obligations that arose upon the vesting of restricted stock unit shares. |
| 2. Represents a restricted stock unit award which shall vest over 3 years on an annual basis subject to continued employment. |
| 3. Includes 53,881 unvested restricted stock unit shares. |
| 4. Represents the vesting of performance stock unit shares. |
| 5. Includes 7,203 vested restricted stock unit shares that were transferred to a living trust. |
| 6. Represents shares withheld by Plantronics, Inc. to satisfy tax withholding obligations that arose upon the vesting of performance stock unit shares. |
| By: Courtney Bottger, Attorney-in-fact For: Charles D. Boynton | 05/12/2021 | |
| ** 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. | ||