David M. Shull - May 10, 2022 Form 4 Insider Report for PLANTRONICS INC /CA/ (POLY)

Role
CEO - Corporate - Global.E0., Director
Signature
By: Christopher LaRoche, Attorney-in-fact For: David Shull
Stock symbol
POLY
Transactions as of
May 10, 2022
Transactions value $
-$2,178,585
Form type
4
Date filed
5/12/2022, 08:07 PM
Previous filing
Oct 19, 2021
Next filing
Aug 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POLY COMMON STOCK Award $0 +97.1K +57.28% $0.00 267K May 10, 2022 Direct F1
transaction POLY COMMON STOCK Tax liability -$355K -8.97K -3.36% $39.62 258K May 10, 2022 Direct F2
transaction POLY COMMON STOCK Award $0 +108K +41.85% $0.00 366K May 10, 2022 Direct F3
transaction POLY COMMON STOCK Tax liability -$1.82M -46K -12.59% $39.62 320K May 10, 2022 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a Restricted Stock Unit (RSU) award granted under the Plantronics, Inc. 2003 Stock Plan. One-third of the total number of RSUs granted will vest annually over 3 years on the anniversary of the grant date, subject to continued employment.
F2 Represents shares withheld by Plantronics, Inc. to satisfy tax withholding obligations that arose upon the vesting of the RSUs.
F3 Represents the vesting of performance-based Restricted Stock Unit awards (PSUs).
F4 Represents shares withheld by Plantronics, Inc. to satisfy tax withholding obligations that arose upon the vesting of the PSUs.
F5 Includes 185,972 unvested RSUs. Also includes the voluntary reporting of 581 shares acquired on August 13, 2021 and 861 shares on February 15, 2022 under the Plantronics, Inc. 2002 Employee Stock Purchase Plan, as amended and restated.