Form 4 for RBBN Ribbon Communications Inc.
Accepted 2022-04-18 00:00:00 ET · period of report 2022-04-15 · accession 0001062993-22-010387 · 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 | 2022-04-18 | 2022-04-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | F - Tax | $3.11 | -1,474 | 116.3K | -1% | -$4,584 |
| D | 2022-04-18 | 2022-04-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | — | +6,056 | 117.8K | +5% | — |
| D | 2022-04-18 | 2022-04-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $3.11 | -6,056 | 0 | -100% | -$18.8K |
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 | 2022-04-15 | F | D | 1,474 | $3.11 | 116,304 | 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 | 2022-04-15 | M | A | 6,056 | — | 117,778 | D | — | — | (F1) RSUs convert to Common Stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units (RSU) | 2022-04-15 | M | D | 6,056 | $3.11 | 0 | D | — · — to — | 6,056 Common Stock | (F1) RSUs convert to Common Stock on a one-for-one basis. (F3) The RSU vested in full on April 15, 2022. |