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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.
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