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Ribbon Communications Inc. — Director's Dealing 2020
Mar 18, 2020
32573_dirs_2020-03-18_491ea41a-d22e-4163-a915-351d23519565.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: 2020-03-16
Reporting Person: McCready John R (EVP & Chief Strategy Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-16 | Restricted Stock Units | $ | A | 92593 | Acquired | Common Stock (92593) | Direct |
Footnotes
F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock.
F2: The RSUs vest over a three-year period as follows: one-third of the restricted stock units shall vest on March 16, 2021, and thereafter, one-sixth of the remaining RSUs will vest every six months, subject to the Reporting Person's continued employment with the Issuer.
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