Form 4 for RBBN Ribbon Communications Inc.
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-15 · accession 0001062993-22-007812 · 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 | 2022-03-16 | 2022-03-15 | RBBN | McCaffery Stephen J. | EVP, Sales EMEA, APAC | M - OptEx | — | +13.9K | 53.0K | +36% | — |
| D | 2022-03-16 | 2022-03-15 | RBBN | McCaffery Stephen J. | EVP, Sales EMEA, APAC | F - Tax | $2.81 | -6,551 | 46.4K | -12% | -$18.4K |
| D | 2022-03-16 | 2022-03-15 | RBBN | McCaffery Stephen J. | EVP, Sales EMEA, APAC | M - OptEx | $0.00 | -13.9K | 27.9K | -33% | $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 | 2022-03-15 | M | A | 13,940 | — | 52,969 | D | — | — | (F1) RSUs convert to common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2022-03-15 | F | D | 6,551 | $2.81 | 46,418 | 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) | 2022-03-15 | M | D | 13,940 | $0.00 | 27,877 | D | — · — to — | 13,940 Common Stock | (F1) RSUs convert to common stock on a one-for-one basis. (F3) The RSUs vested as to one-third on March 15, 2022 and the remaining two-thirds of the RSUs will vest in four equal semi-annual installments thereafter through March 15, 2024. |