Form 4 for RBBN Ribbon Communications Inc.
Accepted 2022-09-19 00:00:00 ET · period of report 2022-09-15 · accession 0001062993-22-019709 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-09-19 | 2022-09-15+ | RBBN | Scarfo Anthony | EVP, GM, Cloud, Edge BU | M - OptEx | — | +34.0K | 259.4K | +15% | — |
| DM | 2022-09-19 | 2022-09-15+ | RBBN | Scarfo Anthony | EVP, GM, Cloud, Edge BU | F - Tax | $2.98 | -8,682 | 232.4K | -4% | -$25.9K |
| DM | 2022-09-19 | 2022-09-15+ | RBBN | Scarfo Anthony | EVP, GM, Cloud, Edge BU | M - OptEx | $0.00 | -34.0K | 20.9K | -62% | $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 | 2022-09-15 | M | A | 6,969 | — | 234,107 | D | — | — | (F1) RSUs convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2022-09-16 | F | D | 6,986 | $2.95 | 252,431 | D | — | — | (F3) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs. |
| 3 | Common | Common Stock | 2022-09-16 | M | A | 27,006 | — | 259,417 | D | — | — | (F1) RSUs convert into common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2022-09-15 | F | D | 1,696 | $3.10 | 232,411 | D | — | — | (F3) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs. |
| 5 | Derivative | Restricted Stock Unit (RSU) | 2022-09-16 | M | D | 27,006 | $0.00 | 27,006 | D | — · — to — | 27,006 Common Stock | (F1) RSUs convert into common stock on a one-for-one basis. (F4) The RSUs vested as to one third on March 16, 2021 and the remaining two-thirds vest in four equal semi-annual installments thereafter through March 16, 2023. |
| 6 | Derivative | Restricted Stock Units (RSU) | 2022-09-15 | M | D | 6,969 | $0.00 | 20,908 | D | — · — to — | 6,969 Common Stock | (F1) RSUs convert into common stock on a one-for-one basis. (F2) The RSUs vested as to one-third on March 15, 2022 and the remaining two-thirds vest in four equal semi-annual installments thereafter through March 15, 2024. |