Form 4 for RBBN Ribbon Communications Inc.
Accepted 2022-06-17 00:00:00 ET · period of report 2022-06-15 · accession 0001062993-22-015181 · 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 | 2022-06-17 | 2022-06-15 | RBBN | INFANTE BEATRIZ V | Dir | M - OptEx | — | +14.8K | 218.8K | +7% | — |
| D | 2022-06-17 | 2022-06-15 | RBBN | INFANTE BEATRIZ V | Dir | A - Grant | $0.00 | +38.6K | 38.6K | New | $0 |
| D | 2022-06-17 | 2022-06-15 | RBBN | INFANTE BEATRIZ V | Dir | M - OptEx | $0.00 | -14.8K | 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 | 2022-06-15 | M | A | 14,797 | — | 218,790 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Ribbon Communications Inc. common stock. |
| 2 | Derivative | RSU | 2022-06-15 | A | A | 38,585 | $0.00 | 38,585 | D | — · — to — | 38,585 Common Stock | (F1) Each RSU represents a contingent right to receive one share of Ribbon Communications Inc. common stock. (F3) The RSUs will vest on June 15, 2023, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2023 Annual Meeting of Stockholders (the "2023 Annual Meeting") occurs prior to June 15, 2023, and, at such 2023 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2023 Annual Meeting. |
| 3 | Derivative | Restricted Stock Units (RSUs) | 2022-06-15 | M | D | 14,797 | $0.00 | 0 | D | — · — to — | 14,797 Common Stock | (F1) Each RSU represents a contingent right to receive one share of Ribbon Communications Inc. common stock. (F2) The RSU was awarded on June 15, 2021 and vested in full on June 15, 2022. |