Form 4 for RBBN Ribbon Communications Inc.
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-16 · accession 0001062993-23-013802 · 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 | 2023-06-20 | 2023-06-16 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | +48.2K | 234.7K | +26% | $0 |
| D | 2023-06-20 | 2023-06-16 | RBBN | Marmurek Eric S | SVP, CAO, Fin | F - Tax | $2.96 | -11.7K | 223.0K | -5% | -$34.8K |
| D | 2023-06-20 | 2023-06-16 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | -48.2K | 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 | 2023-06-16 | M | A | 48,231 | $0.00 | 234,749 | D | — | — | (F1) These RSUs convert to Common Stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-06-16 | F | D | 11,744 | $2.96 | 223,005 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs. |
| 3 | Derivative | Restricted Stock Units (RSUs) | 2023-06-16 | M | D | 48,231 | $0.00 | 0 | D | — · — to — | 48,231 Common Stock | (F1) These RSUs convert to Common Stock on a one-for-one basis. (F3) The RSUs vested in full on June 16, 2023. |