Carl Wiese - 29 Aug 2022 Form 4 Insider Report for PLANTRONICS INC /CA/

Reporting relationship: Top Sales Executive - Global.E
Issuer ticker: N/A
Reported as of: 29 Aug 2022
Net transaction value: -$5,698,560
SEC form: 4
Accepted by SEC: 31 Aug 2022, 19:35:47 UTC
Prior SEC filing: 12 May 2022
Source filing: View source filing
Reporting owner signature: By: Christopher LaRoche, Attorney-in-fact For: Carl Wiese

Key filing fact

Carl Wiese filed Form 4 for PLANTRONICS INC /CA/ on 31 Aug 2022.

Key facts

This page summarizes Carl Wiese's Form 4 filing for PLANTRONICS INC /CA/.
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 31 Aug 2022, 19:35.

Change

Previous filing in this sequence was filed on 12 May 2022.
Current net transaction value: -$5,698,560.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

POLY transaction

COMMON STOCK

Disposed to Issuer

Transaction value: $1,905,800
Shares: -47,645
Change %: -100%
Price: $40.00
Shares after: 0
Date: 29 Aug 2022
Ownership: by Trust
Footnotes: F1

POLY transaction

COMMON STOCK

Disposed to Issuer

Transaction value: $3,792,760
Shares: -94,819
Change %: -100%
Price: $40.00
Shares after: 0
Date: 29 Aug 2022
Ownership: Direct
Footnotes: F2

POLY transaction

COMMON STOCK

Award

Transaction value: $0
Shares: +24,449
Change %
Price: $0.000000
Shares after: 24,449
Date: 29 Aug 2022
Ownership: Direct
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Carl Wiese is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote 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 47,645 shares are indirectly held in Trust.

Footnote 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.

Footnote F3

At the effective time of the Merger, each Interim RSU was converted into the right to acquire a number of shares of HP common stock calculated by multiplying (i) the number of shares of the Issuer's common stock that would be issuable under such Interim RSU immediately prior to the effective time of the Merger by (ii) the exchange ratio, as defined in the Merger Agreement.