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Ribbon Communications Inc. Director's Dealing 2020

Dec 21, 2020

32573_dirs_2020-12-21_a61707f2-e7ac-4213-8b69-a1a4d21da6f7.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: 2020-12-17

Reporting Person: Bruny Steven M (EVP, Sales - Americas Region)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-12-17 Common Stock M 13528 Acquired 144981 Direct
2020-12-17 Common Stock F 3920 $6.29 Disposed 141061 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-17 Restricted Stock Units (RSUs) $ M 13528 Disposed Common Stock (13528) Direct

Footnotes

F1: The RSUs convert into common stock on a one-for-one basis.

F2: Payment of tax liability by delivering securities to the Issuer incident to the vesting of a security.

F3: 81,169 RSUs were granted on June 17, 2019 and vest over a three-year period as follows: one-third of the RSUs vested on June 17, 2020, one-sixth of the RSUs vested on December 17, 2020, and the remaining RSUs will vest as to one-sixth on each of June 17, 2021, December 17, 2021 and June 17, 2022.