Filing Details
- Accession Number:
- 0001708055-20-000068
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-04-17 16:36:16
- Reporting Period:
- 2020-04-15
- Accepted Time:
- 2020-04-17 16:36:16
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1708055 | Ribbon Communications Inc. | RBBN | Services-Computer Integrated Systems Design (7373) | 821669692 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1720721 | S Eric Marmurek | C/O Ribbon Communications Inc. 4 Technology Park Drive Westford MA 01886 | Svp And Cao | 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 | 2020-04-15 | 12,113 | $0.00 | 42,861 | No | 4 | M | Direct | |
Common Stock | Disposition | 2020-04-15 | 3,422 | $2.92 | 39,439 | 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 | 2020-04-15 | 12,113 | $0.00 | 12,113 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
24,225 | No | 4 | M | Direct |
Footnotes
- Restricted stock units (RSUs) 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 RSUs.
- The RSUs vest over a three-year period as follows: one-third of the shares vested on April 15, 2020, and the remaining two-thirds of the shares will vest in four equal increments semi-annually thereafter through April 15, 2022.