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Ribbon Communications Inc. — Director's Dealing 2021
Sep 17, 2021
32573_dirs_2021-09-17_3d24b04d-5ec0-4be9-a236-04c207f535e7.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: 2021-09-16
Reporting Person: Scarfo Anthony (EVP & GM, Cloud & Edge BU)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-16 | Common Stock | M | 27006 | — | Acquired | 159400 | Direct |
| 2021-09-16 | Common Stock | F | 10975 | $6.28 | Disposed | 148425 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-16 | Restricted Stock Units (RSU) | $ | M | 27006 | Disposed | Common Stock (27006) | Direct |
Footnotes
F1: RSUs convert into common stock on a one-for-one basis.
F2: Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs.
F3: The RSUs vested as to one-third on March 16, 2021, and the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through March 16, 2023.
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