FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 01/01/2014 |
3. Issuer Name and Ticker or Trading Symbol
ShoreTel Inc [ SHOR ] |
|||||||||||||
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 500(1) | D | |
Common Stock | 919(2) | D | |
Common Stock | 2,725(3) | D | |
Common Stock | 919(4) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (Right to Buy) | 08/15/2014 | 08/15/2023 | Common Stock | 50,500(5)(6) | $4.44 | D | |
Employee Stock Option (Right to Buy) | 09/11/2013 | 09/11/2022 | Common Stock | 30,000(6)(7) | $4.02 | D | |
Employee Stock Option (Right to Buy) | 11/14/2012 | 11/14/2021 | Common Stock | 12,500(6)(8) | $6.73 | D | |
Restricted Stock Unit | 08/15/2014 | 08/15/2017 | Common Stock | 44,000(6)(9) | $0 | D | |
Restricted Stock Unit | 09/11/2013 | 09/11/2015 | Common Stock | 11,250(6)(10) | $0 | D | |
Restricted Stock Unit | 11/14/2012 | 11/14/2015 | Common Stock | 2,500(6)(11) | $0 | D |
Explanation of Responses: |
1. Shares acquired pursuant to ShoreTel, Inc.'s Employee Stock Purchase Plan (ESPP) on October 31, 2013. |
2. Shares acquired upon the vesting of various Restricted Stock Unit grants, when the Mr. Oruganti was not subject to Section 16. |
3. Shares acquired upon the vesting of various Restricted Stock Unit grants, when the Mr. Oruganti was not subject to Section 16. |
4. Shares acquired upon the vesting of various Restricted Stock Unit grants, when the Mr. Oruganti was not subject to Section 16. |
5. Option vests as to 25% on 08/15/14, and vests as to 1/48th of the shares each month over the next three years thereafter. |
6. Shares granted when Mr. Oruganti was not subject to Section 16. |
7. Option vests as to 25% on 09/11/13, and vests as to 1/48th of the shares each month over the next three years thereafter. |
8. Option vests as to 25% on 11/14/12, and vests as to 1/48th of the shares each month over the next three years thereafter. |
9. Restricted Stock Units granted August 15, 2013 which vest yearly over four years. |
10. Restricted Stock Units granted September 11, 2012 which vest yearly over four years. |
11. Restricted Stock Units granted November 14, 2011 which vest yearly over four years. |
/s/ Allen Seto, attorney-in-fact for Mr. Oruganti | 01/09/2014 | |
** 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 5 (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. |