Form 4 for RBBN Ribbon Communications Inc.
Accepted 2024-07-18 00:00:00 ET · period of report 2024-07-17 · accession 0001062993-24-013941 · 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 | 2024-07-18 | 2024-07-17 | RBBN | LOPEZ MIGUEL A | EVP, CFO | M - OptEx | — | +38.7K | 432.3K | +10% | — |
| D | 2024-07-18 | 2024-07-17 | RBBN | LOPEZ MIGUEL A | EVP, CFO | F - Tax | $3.90 | -15.2K | 417.1K | -4% | -$59.4K |
| D | 2024-07-18 | 2024-07-17 | RBBN | LOPEZ MIGUEL A | EVP, CFO | M - OptEx | $0.00 | -38.7K | 38.7K | -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 | 2024-07-17 | M | A | 38,724 | — | 432,348 | D | — | — | (F1) RSUs convert to common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2024-07-17 | F | D | 15,237 | $3.90 | 417,111 | 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) | 2024-07-17 | M | D | 38,724 | $0.00 | 38,723 | D | — · — to — | 38,724 Common Stock | (F1) RSUs convert to common stock on a one-for-one basis. (F3) The RSUs were granted on April 17, 2023, vested as to one-third on April 17, 2024 and the remaining RSUs will vest on October 17, 2024. |