Filing Details

Accession Number:
0001105472-10-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-17 13:00:00
Reporting Period:
2010-08-13
Filing Date:
2010-08-17
Accepted Time:
2010-08-17 16:33:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1105472 Sonus Networks Inc SONS Services-Computer Integrated Systems Design (7373) 043387074
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230190 A John Schofield C/O Sonus Networks, Inc.
7 Technology Park Drive
Westford MA 01886
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-08-13 12,500 $1.25 12,500 No 4 M Direct
Common Stock Disposition 2010-08-13 12,500 $3.10 0 No 4 S Direct
Common Stock Acquisiton 2010-08-16 5,000 $0.00 5,000 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2010-08-13 12,500 $0.00 12,500 $1.25
Common Stock Stock Option (right to buy) Acquisiton 2010-08-16 20,000 $0.00 20,000 $2.97
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,500 2019-02-17 No 4 M Direct
20,000 2020-08-16 No 4 A Direct
Footnotes
  1. These are restricted shares of Common Stock that vest over a four-year period as follows: 25% will vest on August 16, 2011. The remaining 75% of the shares shall vest in six equal increments semi-annually thereafter.
  2. 25% of the shares underlying this option vested on February 15, 2010. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months through February 15, 2013.
  3. 25% of the shares underlying this option vests on August 16, 2011. The remaining 75% of the shares underlying this option will then vest in equal monthly increments for the following 36 months through August 16, 2014.