Form 4 for RBBN Ribbon Communications Inc.
Accepted 2022-01-20 00:00:00 ET · period of report 2022-01-18 · accession 0001062993-22-001291 · 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 | 2022-01-20 | 2022-01-18 | RBBN | McCaffery Stephen J. | EVP EMEAS, APAC Sales | M - OptEx | — | +73.6K | 73.6K | New | — |
| D | 2022-01-20 | 2022-01-18 | RBBN | McCaffery Stephen J. | EVP EMEAS, APAC Sales | F - Tax | $5.86 | -34.6K | 39.0K | -47% | -$202.8K |
| D | 2022-01-20 | 2022-01-18 | RBBN | McCaffery Stephen J. | EVP EMEAS, APAC Sales | M - OptEx | $0.00 | -73.6K | 0 | -100% | $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 | 2022-01-18 | M | A | 73,638 | — | 73,638 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of the Issuers common stock. RSUs convert to common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2022-01-18 | F | D | 34,609 | $5.86 | 39,029 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. |
| 3 | Derivative | Restricted Stock Units (RSU) | 2022-01-18 | M | D | 73,638 | $0.00 | 0 | D | — · — to — | 73,638 Common Stock | (F1) Each RSU represents a contingent right to receive one share of the Issuers common stock. RSUs convert to common stock on a one-for-one basis. (F3) The RSU vested in full on January 15, 2022. |