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Ribbon Communications Inc. Director's Dealing 2021

Dec 21, 2021

32573_dirs_2021-12-21_000e5428-4055-4c75-81d3-c717b7088c8f.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: 2021-12-19

Reporting Person: Macken Patrick W (EVP, Chief Legal Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-19 Common Stock M 25000 Acquired 52826 Direct
2021-12-19 Common Stock F 10732 $6.27 Disposed 42094 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-19 Restricted Stock Units (RSU) $ M 25000 Disposed Common Stock (25000) Direct

Footnotes

F1: RSUs convert into common stock on a one-for-one basis.

F2: The RSUs vested as to one-third on June 19, 2020 and the remaining two-thirds of the RSUs vested in four equal semi-annual installments thereafter through June 19, 2023.

F3: Reflects share of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.