Filing Details
- Accession Number:
- 0001062993-22-007809
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-16 09:58:10
- Reporting Period:
- 2022-03-15
- Accepted Time:
- 2022-03-16 09:58:10
- 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 |
---|---|---|---|---|---|---|---|
1600024 | A Miguel Lopez | C/O Ribbon Communications Inc. 6500 Chase Oaks Boulevard, Suite 100 Plano TX 75023 | Evp, Cfo | 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 | 2022-03-15 | 3,000 | $2.97 | 88,975 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2022-03-15 | 17,922 | $0.00 | 103,897 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-03-15 | 6,370 | $2.81 | 97,527 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units (RSU) | Disposition | 2022-03-15 | 17,922 | $0.00 | 17,922 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
35,842 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.96 to $2.98, inclusive. The reporting person undertakes to provide to Ribbon, any security holder of Ribbon, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.
- RSUs convert to common stock on a one-for-one basis.
- Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
- The RSUs vest over a three-year period as follows: one-third of the restricted stock units vested on March 15, 2022, and the remaining two-thirds of the RSUs shall vest in four equal, semi-annual installments thereafter through March 15, 2024.