Form 4 for RBBN Ribbon Communications Inc.
Accepted 2023-06-16 00:00:00 ET · period of report 2023-06-15 · accession 0001062993-23-013712 · 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 | 2023-06-16 | 2023-06-15 | RBBN | de Beer Mariano | Dir | M - OptEx | — | +38.6K | 67.9K | +132% | — |
| D | 2023-06-16 | 2023-06-15 | RBBN | de Beer Mariano | Dir | F - Tax | $2.92 | -11.6K | 56.3K | -17% | -$33.8K |
| D | 2023-06-16 | 2023-06-15 | RBBN | de Beer Mariano | Dir | M - OptEx | $0.00 | -38.6K | 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 | 2023-06-15 | M | A | 38,585 | — | 67,906 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of the Issuer's common stock. |
| 2 | Common | Common Stock | 2023-06-15 | F | D | 11,575 | $2.92 | 56,331 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. |
| 3 | Derivative | Restricted Stock Units (RSUs) | 2023-06-15 | M | D | 38,585 | $0.00 | 0 | D | — · — to — | 38,585 Common Stock | (F1) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F3) The RSUs were awarded on June 15, 2022 and vested in full on June 15, 2023. |