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Ribbon Communications Inc. — Director's Dealing 2019
Jun 20, 2019
32573_dirs_2019-06-19_b4777d56-3852-456f-9ac0-9f023699be45.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ribbon Communications Inc. (RBBN)
CIK: 0001708055
Period of Report: 2019-06-17
Reporting Person: Fennebresque Kim S (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-17 | Restricted Stock Units (RSUs) | $ | A | 25975 | Acquired | Common Stock (25975) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Ribbon Communications Inc. common stock.
F2: The restricted stock units will vest on June 17, 2020, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2020 Annual Meeting of Stockholders (the "2020 Annual Meeting") occurs prior to June 17, 2020, and, at such 2020 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these restricted stock units will vest as of the date of the 2020 Annual Meeting.