Form 4 for RBBN Ribbon Communications Inc.
Accepted 2023-09-19 00:00:00 ET · period of report 2023-09-15 · accession 0001062993-23-018273 · 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 | 2023-09-19 | 2023-09-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | +4,117 | 228.0K | +2% | $0 |
| D | 2023-09-19 | 2023-09-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | F - Tax | $2.83 | -1,002 | 227.0K | -0.4% | -$2,836 |
| D | 2023-09-19 | 2023-09-15 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | -4,117 | 4,117 | -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 | 2023-09-15 | M | A | 4,117 | $0.00 | 228,041 | D | — | — | (F1) These RSUs convert to Common Stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-09-15 | F | D | 1,002 | $2.83 | 227,039 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs. (F4) Reflects correction of typographical error from prior Form 4 filed by the Reporting Owner. |
| 3 | Derivative | Restricted Stock Units (RSUs) | 2023-09-15 | M | D | 4,117 | $0.00 | 4,117 | D | — · — to — | 4,117 Common Stock | (F1) These RSUs convert to Common Stock on a one-for-one basis. (F3) The RSUs vested as to one-third on March 15, 2022 and the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through March 15, 2024. |