Form 4 for RBBN Ribbon Communications Inc.
Accepted 2024-01-19 00:00:00 ET · period of report 2024-01-18 · accession 0001062993-24-001094 · 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 | LOPEZ MIGUEL A | EVP, CFO | M - OptEx | — | +49.2K | 296.9K | +20% | — |
| D | 2024-01-19 | 2024-01-18 | RBBN | LOPEZ MIGUEL A | EVP, CFO | F - Tax | $2.84 | -21.0K | 275.9K | -7% | -$59.6K |
| D | 2024-01-19 | 2024-01-18 | RBBN | LOPEZ MIGUEL A | EVP, CFO | M - OptEx | $0.00 | -49.2K | 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 | 2024-01-18 | M | A | 49,180 | — | 296,871 | D | — | — | (F1) RSUs convert to common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2024-01-18 | F | D | 20,996 | $2.84 | 275,875 | 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 (RSU) | 2024-01-18 | M | D | 49,180 | $0.00 | 0 | D | — · — to — | 49,180 Common Stock | (F1) RSUs convert to common stock on a one-for-one basis. (F3) The RSUs vested in full on January 18, 2024. |