Key facts
- This page summarizes Anthony Scarfo's Form 4 filing for Ribbon Communications Inc. (RBBN).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 17 Mar 2022, 17:11.
Anthony Scarfo - 15 Mar 2022 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)
- Reporting relationship
- EVP & GM, Cloud & Edge BU
- Issuer ticker
- RBBN
- Reported as of
- 15 Mar 2022
- Net transaction value
- -$68,960
- SEC form
- 4
- Accepted by SEC
- 17 Mar 2022, 17:11:24 UTC
- Prior SEC filing
- 21 Dec 2021
- Next SEC filing
- 20 Apr 2022
- Source filing
- View source filing
- Reporting owner signature
- Patrick Macken, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Anthony Scarfo filed Form 4 for Ribbon Communications Inc. (RBBN) on 17 Mar 2022.
Change
- Previous filing in this sequence was filed on 21 Dec 2021.
- Current net transaction value: -$68,960.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RBBN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +13,940
- Change %
- +8.9%
- Price
- Shares after
- 170,279
- Date
- 15 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
RBBN
transaction
Common Stock
Award
- Transaction value
- Shares
- +22,341
- Change %
- +13%
- Price
- Shares after
- 192,620
- Date
- 15 Mar 2022
- Ownership
- Direct
- Footnotes
- F5
RBBN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +21,839
- Change %
- +11%
- Price
- Shares after
- 214,459
- Date
- 15 Mar 2022
- Ownership
- Direct
- Footnotes
- F6
RBBN
transaction
Common Stock
Tax liability
- Transaction value
- $47,764
- Shares
- -16,998
- Change %
- -7.9%
- Price
- $2.81
- Shares after
- 197,461
- Date
- 15 Mar 2022
- Ownership
- Direct
- Footnotes
- F2
RBBN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +27,006
- Change %
- +14%
- Price
- Shares after
- 224,467
- Date
- 16 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
RBBN
transaction
Common Stock
Tax liability
- Transaction value
- $21,196
- Shares
- -7,089
- Change %
- -3.2%
- Price
- $2.99
- Shares after
- 217,378
- Date
- 16 Mar 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RBBN
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -13,940
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 27,877
- Date
- 15 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,940
- Exercise price
- Footnotes
- F1, F4
RBBN
transaction
Derivative
Performance-based Restricted Stock Unit (PSU)
Options Exercise
- Transaction value
- $0
- Shares
- -21,839
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 21,839
- Exercise price
- Footnotes
- F6
RBBN
transaction
Derivative
Restricted Stock Unit (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -27,006
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 54,012
- Date
- 16 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 27,006
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
RSUs convert into common stock on a one-for-one basis.
Footnote F2
Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs and/or PSUs.
Footnote F3
The RSUs vested as to one-third on March 16, 2021, and the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through March 16, 2023.
Footnote F4
The RSUs vested as to one-third on March 15, 2022 and the remaining two-thirds will vest in four equal semi-annual installments thereafter through March 15, 2024.
Footnote F5
PSUs that convert to Common Stock on a one-for-one basis based on the achievement of financial metrics in each of the 2019, 2020 and 2021 fiscal years establised by the Issuer's Compensation Committee of it's Board of Directors (Compensation Committee) at the time of grant. The PSUs then vested on March 15, 2022. Any unearned shares were forefeited
Footnote F6
PSUs that convert to Common Stock on a one-for-one basis based on the achievement of the Issuer's total sharholder return (TSR) for the 3-year period ended December 31, 2021 compared to TSR goals established by the Compensation Committee at the time of grant based on the TSR of a group of peer companies identified by the Compensation Committee. The PSUs then vested on March 15, 2022. Any unearned shares were forefeited.