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
- 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.
- 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.
- 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.