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Ribbon Communications Inc. Director's Dealing 2020

Mar 18, 2020

32573_dirs_2020-03-18_a5045544-9b17-4aa3-af63-c375e198bc9a.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: Joggerst Patrick (CMO & EVP Business Development)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-03-16 Restricted Stock Units $ A 81019 Acquired Common Stock (81019) 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.