Form 4 for RBBN Ribbon Communications Inc.
Accepted 2023-10-23 00:00:00 ET · period of report 2023-10-18 · accession 0001062993-23-019611 · 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 | 2023-10-23 | 2023-10-18 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | +13.4K | 240.4K | +6% | $0 |
| D | 2023-10-23 | 2023-10-18 | RBBN | Marmurek Eric S | SVP, CAO, Fin | F - Tax | $2.15 | -3,251 | 237.1K | -1% | -$6,990 |
| D | 2023-10-23 | 2023-10-18 | RBBN | Marmurek Eric S | SVP, CAO, Fin | M - OptEx | $0.00 | -13.4K | 40.1K | -25% | $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 | 2023-10-18 | M | A | 13,355 | $0.00 | 240,394 | D | — | — | (F1) These RSUs convert to Common Stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-10-18 | F | D | 3,251 | $2.15 | 237,143 | 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) | 2023-10-18 | M | D | 13,355 | $0.00 | 40,063 | D | — · — to — | 13,335 Common Stock | (F1) These RSUs convert to Common Stock on a one-for-one basis. (F3) The RSUs vested as to one-third on April 18, 2023 and the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through April 18, 2025. |