Form 4 for RBBN Ribbon Communications Inc.
Accepted 2021-09-17 00:00:00 ET · period of report 2021-09-16 · accession 0001062993-21-008732 · 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 | Marmurek Eric S | SVP, CAO, Fin | F - Tax | $6.28 | -3,757 | 73.2K | -5% | -$23.6K |
| D | 2021-09-17 | 2021-09-16 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | — | +15.4K | 76.9K | +25% | — |
| D | 2021-09-17 | 2021-09-16 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | -15.4K | 46.3K | -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 | 3,757 | $6.28 | 73,175 | D | — | — | (F2) Reflects shares of Common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. |
| 2 | Common | Common Stock | 2021-09-16 | M | A | 15,432 | — | 76,932 | D | — | — | (F1) RSUs convert to Common Stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units (RSU) | 2021-09-16 | M | D | 15,432 | $0.00 | 46,296 | D | — · — to — | 15,432 Common Stock | (F3) The RSU vested as to one third on 3/16/2021, and the remaining two thirds of the RSUs vest in four equal semi-annual installments thereafter through March 16, 2023. (F1) RSUs convert to Common Stock on a one-for-one basis. |