Form 4 for RBBN Ribbon Communications Inc.
Accepted 2024-12-16 00:00:00 ET · period of report 2024-12-15 · accession 0001062993-24-020675 · 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 | 2024-12-16 | 2024-12-15 | RBBN | Redington Dan | EVP, Gbl Sales | F - Tax | $4.09 | -8,197 | 142.3K | -5% | -$33.5K |
| D | 2024-12-16 | 2024-12-15 | RBBN | Redington Dan | EVP, Gbl Sales | M - OptEx | — | +20.8K | 150.5K | +16% | — |
| D | 2024-12-16 | 2024-12-15 | RBBN | Redington Dan | EVP, Gbl Sales | M - OptEx | $0.00 | -20.8K | 41.7K | -33% | $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 | 2024-12-15 | F | D | 8,197 | $4.09 | 142,303 | D | — | — | (F2) Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting. |
| 2 | Common | Common Stock | 2024-12-15 | M | A | 20,833 | — | 150,500 | D | — | — | (F1) Each Restricted Stock Unit (RSU) and Performance Share Unit (PSU) converts into common stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units (RSUs) | 2024-12-15 | M | D | 20,833 | $0.00 | 41,666 | D | — · — to — | 20,833 Common Stock | (F1) Each Restricted Stock Unit (RSU) and Performance Share Unit (PSU) converts into common stock on a one-for-one basis. (F3) The RSUs were granted on December 15, 2022 and vested as to one-third on December 15, 2023; the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through December 15, 2025. |