Form 4 for RBBN Ribbon Communications Inc.
Accepted 2024-01-19 00:00:00 ET · period of report 2024-01-18 · accession 0001062993-24-001093 · 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 | 2024-01-19 | 2024-01-18 | RBBN | Bucci Sam | EVP, COO | F - Tax | $2.84 | -44.5K | 265.8K | -14% | -$126.3K |
| D | 2024-01-19 | 2024-01-18 | RBBN | Bucci Sam | EVP, COO | M - OptEx | $0.00 | +82.0K | 310.3K | +36% | $0 |
| D | 2024-01-19 | 2024-01-18 | RBBN | Bucci Sam | EVP, COO | M - OptEx | $0.00 | -82.0K | 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 | 2024-01-18 | F | D | 44,475 | $2.84 | 265,796 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs. |
| 2 | Common | Common Stock | 2024-01-18 | M | A | 81,967 | $0.00 | 310,271 | D | — | — | (F1) These RSUs convert to Common Stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units (RSUs) | 2024-01-18 | M | D | 81,967 | $0.00 | 0 | D | — · — to — | 81,967 Common Stock | (F1) These RSUs convert to Common Stock on a one-for-one basis. (F3) The RSUs vested in full on January 18, 2024. |