AI assistant
Ribbon Communications Inc. — Director's Dealing 2023
Jun 16, 2023
32573_dirs_2023-06-16_2f653395-625d-4fd9-866d-7932b2c52116.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ribbon Communications Inc. (RBBN)
CIK: 0001708055
Period of Report: 2023-06-15
Reporting Person: Mair Scott (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-15 | Common Stock | M | 40309 | — | Acquired | 40309 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-15 | Restricted Stock Units (RSUs) | $ | M | 40309 | Disposed | Common Stock (40309) | Direct | |
| 2023-06-15 | RSU | $ | A | 51964 | Acquired | Common Stock (51964) | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2: The RSU was awarded on October 17, 2022 and vested in full on June 15, 2023.
F3: The RSUs will vest on June 15, 2024, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") occurs prior to June 15, 2024, and, at such 2024 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2024 Annual Meeting.