Form 4 for RBBN Ribbon Communications Inc.
Accepted 2021-09-17 00:00:00 ET · period of report 2021-09-16 · accession 0001062993-21-008731 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-17 | 2021-09-16 | RBBN | Scarfo Anthony | EVP, GM, Cloud, Edge BU | F - Tax | $6.28 | -11.0K | 148.4K | -7% | -$68.9K |
| D | 2021-09-17 | 2021-09-16 | RBBN | Scarfo Anthony | EVP, GM, Cloud, Edge BU | M - OptEx | — | +27.0K | 159.4K | +20% | — |
| D | 2021-09-17 | 2021-09-16 | RBBN | Scarfo Anthony | EVP, GM, Cloud, Edge BU | M - OptEx | $0.00 | -27.0K | 81.0K | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-16 | F | D | 10,975 | $6.28 | 148,425 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs. |
| 2 | Common | Common Stock | 2021-09-16 | M | A | 27,006 | — | 159,400 | D | — | — | (F1) RSUs convert into common stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units (RSU) | 2021-09-16 | M | D | 27,006 | $0.00 | 81,018 | D | — · — to — | 27,006 Common Stock | (F1) RSUs convert into common stock on a one-for-one basis. (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. |