Ribbon Communications Inc. — Director's Dealing 2020

Mar 12, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Ribbon Communications Inc. (RBBN)
CIK: 0001708055
Period of Report: 2020-03-03

Reporting Person: ECI Holding (Hungary) Kft. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25796395	Direct

Footnotes

F1: Represents 25,796,395 shares of common stock, par value $0.0001 per share, of Ribbon Communications Inc. ("Common Stock") pursuant to that
certain Agreement and Plan of Merger, dated as of November 14, 2019 (the "Merger Agreement"), by and among Ribbon Communications Inc., Ribbon
Communications Israel Ltd., Eclipse Communications Ltd., ECI Telecom Group Ltd. and the Reporting Person. Of the 25,796,395 shares of Common
Stock, 1,454,545 are held in an escrow and are subject to forfeiture during a period of up to five years following the closing of the transactions
contemplated by the Merger Agreement to satisfy certain potential liabilities under the Merger Agreement. The transactions contemplated by the Merger
Agreement were consummated on March 3, 2020, at which time the shares of Common Stock were issued to the Reporting Person.