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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.
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