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Ribbon Communications Inc. Director's Dealing 2021

Apr 16, 2021

32573_dirs_2021-04-16_789355ef-6611-46a1-80c2-1d726fd8aaeb.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: 2021-04-15

Reporting Person: Marmurek Eric S (SVP, CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-04-15 Common Stock M 6057 Acquired 62974 Direct
2021-04-15 Common Stock F 1474 $8.45 Disposed 61500 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-04-15 Restricted Stock Units (RSUs) $ M 6057 Disposed Common stock (6057) 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 RSUs.

F3: On April 15, 2019, the reporting person was granted 36,338 RSUs. The RSUs vested as to one-third on April 15, 2020 and vested as to one-sixth on each of October 15, 2020 and April 15, 2021. The remaining RSUs will vest in two equal, semi-annual installments through April 15, 2022.