Form 4 for RBBN Ribbon Communications Inc.
Accepted 2022-12-19 00:00:00 ET · period of report 2022-12-19 · accession 0001062993-22-024102 · 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 | 2022-12-19 | 2022-12-19 | RBBN | Macken Patrick W | EVP, CLO | F - Tax | $2.78 | -10.3K | 86.0K | -11% | -$28.7K |
| D | 2022-12-19 | 2022-12-19 | RBBN | Macken Patrick W | EVP, CLO | M - OptEx | — | +25.0K | 96.3K | +35% | — |
| D | 2022-12-19 | 2022-12-19 | RBBN | Macken Patrick W | EVP, CLO | M - OptEx | $0.00 | -25.0K | 25.0K | -50% | $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 | 2022-12-19 | F | D | 10,337 | $2.78 | 85,973 | D | — | — | (F2) Reflects share of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. |
| 2 | Common | Common Stock | 2022-12-19 | M | A | 24,999 | — | 96,310 | D | — | — | (F1) RSUs convert into common stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units (RSU) | 2022-12-19 | M | D | 24,999 | $0.00 | 25,000 | D | — · — to — | 24,999 Common Stock | (F1) RSUs convert into common stock on a one-for-one basis. (F3) The RSUs vested as to one-third on June 19, 2021, and the remaining two-thirds of the RSUs vest in four equal, semi-annual installments thereafter through June 19, 2023. |