Form 4 for RBBN Ribbon Communications Inc.
Accepted 2021-10-19 00:00:00 ET · period of report 2021-10-15 · accession 0001062993-21-009709 · 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 | 2021-10-19 | 2021-10-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | F - Tax | $6.35 | -1,474 | 77.8K | -2% | -$9,360 |
| D | 2021-10-19 | 2021-10-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | — | +6,056 | 79.2K | +8% | — |
| D | 2021-10-19 | 2021-10-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | -6,056 | 6,056 | -50% | $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 | 2021-10-15 | F | D | 1,474 | $6.35 | 77,757 | 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 | 2021-10-15 | M | A | 6,056 | — | 79,231 | D | — | — | (F1) RSUs convert to Common Stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units (RSU) | 2021-10-15 | M | D | 6,056 | $0.00 | 6,056 | D | — · — to — | 6,056 Common Stock | (F3) The RSUs vest over a 3-year period as follows: 1/3 vest on 4/15/2020, and the remaining 2/3 vest in 4 equal increments semi-annually thereafter through 4/15/2022. (F1) RSUs convert to Common Stock on a one-for-one basis. |