Form 4 for RBBN Ribbon Communications Inc.
Accepted 2023-01-19 00:00:00 ET · period of report 2023-01-17 · accession 0001062993-23-001127 · 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 | 2023-01-19 | 2023-01-17 | RBBN | LOPEZ MIGUEL A | EVP, CFO | F - Tax | $3.07 | -6,744 | 127.1K | -5% | -$20.7K |
| D | 2023-01-19 | 2023-01-17 | RBBN | LOPEZ MIGUEL A | EVP, CFO | M - OptEx | $0.00 | +16.6K | 133.8K | +14% | $0 |
| D | 2023-01-19 | 2023-01-17 | RBBN | LOPEZ MIGUEL A | EVP, CFO | A - Grant | $0.00 | +49.2K | 49.2K | New | $0 |
| D | 2023-01-19 | 2023-01-17 | RBBN | LOPEZ MIGUEL A | EVP, CFO | M - OptEx | $0.00 | -16.6K | 16.6K | -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 | 2023-01-17 | F | D | 6,744 | $3.07 | 127,092 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. (F4) Total corrects prior typographical error regarding total shares of common stock held by the Reporting Person. |
| 2 | Common | Common Stock | 2023-01-17 | M | A | 16,592 | $0.00 | 133,836 | D | — | — | (F3) RSUs convert to common stock on a one-for-one basis. (F4) Total corrects prior typographical error regarding total shares of common stock held by the Reporting Person. |
| 3 | Derivative | Restricted Stock Units (RSU) | 2023-01-17 | A | A | 49,180 | $0.00 | 49,180 | D | — · — to — | 49,180 Common Stock | (F3) RSUs convert to common stock on a one-for-one basis. (F5) The RSUs vest in full on January 18, 2024. |
| 4 | Derivative | Restricted Stock Units (RSU) | 2023-01-17 | M | D | 16,592 | $0.00 | 16,593 | D | — · — to — | 16,592 Common Stock | (F3) RSUs convert to common stock on a one-for-one basis. (F1) The Restricted Stock Units (RSUs) vested as to one-third on July 15, 2021 and the remaining two-thirds vest in four equal semi-annual installments thereafter through July 15, 2023. |