Talvis Love - Aug 29, 2022 Form 4 Insider Report for PLANTRONICS INC /CA/ (POLY)

Role
Director
Signature
By: Christopher LaRoche, Attorney-in-fact For: Talvis Love
Stock symbol
POLY
Transactions as of
Aug 29, 2022
Transactions value $
-$547,520
Form type
4
Date filed
8/31/2022, 07:45 PM
Previous filing
Oct 15, 2021
Next filing
Oct 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POLY COMMON STOCK Disposed to Issuer -$274K -6.84K -100% $40.00 0 Aug 29, 2022 Direct F1
transaction POLY COMMON STOCK Disposed to Issuer -$274K -6.84K -100% $40.00 0 Aug 29, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Talvis Love 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.
F2 Represents restricted stock units ("RSUs"). At the effective time of the Merger, each outstanding RSU (excluding RSUs granted on or after March 25, 2022, and on or prior to the effective time of the Merger ("Interim RSUs")) was cancelled and converted into a right to receive $40.00 in cash for each outstanding RSU.