Filing Details
- Accession Number:
- 0001708055-19-000050
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-12-18 17:23:28
- Reporting Period:
- 2019-12-16
- Accepted Time:
- 2019-12-18 17:23:28
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1708055 | Ribbon Communications Inc. | RBBN | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1556832 | Patrick Joggerst | C/O Ribbon Communications Inc. 4 Technology Park Drive Westford MA 01886 | Cmo & Evp Business Development | No | Yes | 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 | 2019-12-16 | 4,166 | $0.00 | 92,906 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-12-16 | 1,391 | $2.80 | 91,515 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2019-12-16 | 4,166 | $0.00 | 4,166 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
12,500 | No | 4 | M | Direct |
Footnotes
- Restricted stock units convert into common stock on a one-for-one basis.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 instruction letter previously adopted by the Reporting Person and represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
- 25,000 restricted stock units were granted to the Reporting Person on June 15, 2018, vesting over a three-year period. One-third of those restricted stock units vested on June 17, 2019, one-sixth vested on December 16, 2019 and the remainder of the restricted stock units will vest in three equal, semi-annual installments thereafter through June 15, 2021.