X0201 5 2004-02-12 0 0 1 0001010552 POLYCOM INC PLCM 0001237508 CRUSCO KATHY 4750 WILLOW ROAD PLEASANTON CA 94588 0 1 0 0 VP, Corp. Controller/PAO Incentive Stock Option (right to buy) 16.70 2003-07-31 4 A 0 L 6227 16.70 A 2004-07-31 2010-07-30 Common Stock 6227 6227 D Non-Qualified Stock Option (right to buy) 16.70 2003-07-31 4 A 0 L 18773 16.70 A 2004-07-31 2010-07-30 Common Stock 18773 18773 D /s/ Kathy Crusco 2004-02-12