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Ribbon Communications Inc. — Director's Dealing 2020
Jun 24, 2020
32573_dirs_2020-06-24_158b6128-a945-45ed-8e61-68a799d78e5c.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: 2020-06-22
Reporting Person: EWING R STEWART JR (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-22 | Restricted Stock Units (RSUs) | $ | A | 27089 | Acquired | Common Stock (27089) | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive one share of Ribbon Communications Inc. common stock.
F2: The RSUs will vest on June 22, 2021, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2021 Annual Meeting of Stockholders (the "2021 Annual Meeting") occurs prior to June 22, 2021, and, at such 2021 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 RSUs will vest as of the date of the 2021 Annual Meeting.