Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBBN | Restricted Stock Units (RSUs) | Award | $0 | +14.8K | $0.00 | 14.8K | Jun 15, 2021 | Common Stock | 14.8K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each RSU represents a contingent right to receive one share of Ribbon Communications Inc. common stock. |
F2 | The RSUs will vest on June 15, 2022, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2022 Annual Meeting of Stockholders (the "2022 Annual Meeting") occurs prior to June 15, 2022, and, at such 2022 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2022 Annual Meeting. |