Brian S. Dexheimer - Aug 29, 2022 Form 4 Insider Report for PLANTRONICS INC /CA/ (POLY)

Role
Director
Signature
By: Christopher LaRoche, Attorney-in-fact For: Brian S Dexheimer
Stock symbol
POLY
Transactions as of
Aug 29, 2022
Transactions value $
-$5,211,000
Form type
4
Date filed
8/31/2022, 07:37 PM
Previous filing
Jul 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POLY COMMON STOCK Disposed to Issuer -$4.57M -114K -100% $40.00 0 Aug 29, 2022 Trust F1
transaction POLY COMMON STOCK Disposed to Issuer -$638K -15.9K -100% $40.00 0 Aug 29, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Brian S. Dexheimer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock that were disposed of in connection with the merger of Prism Subsidiary Corp. with and into the Issuer (the "Merger") pursuant to an Agreement and Plan of Merger ("Merger Agreement"), dated as of March 25, 2022, by and among the Issuer, HP Inc. ("HP") and Prism Subsidiary Corp. At the effective time of the Merger, each share of the Issuer's common stock was cancelled and converted into the right to receive $40.00 in cash of which 114,336 shares are indirectly held in Trust.
F2 Represents shares of the Issuer's common stock that were disposed of in connection with the Merger pursuant to the Merger Agreement. At the effective time of the Merger, each share of the Issuer's common stock was cancelled and converted into the right to receive $40.00 in cash.