Eric S. Marmurek - Apr 15, 2022 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)

Role
SVP, Finance & CAO
Signature
Patrick Macken, Attorney-in-Fact
Stock symbol
RBBN
Transactions as of
Apr 15, 2022
Transactions value $
-$23,418
Form type
4
Date filed
4/18/2022, 06:28 PM
Previous filing
Mar 17, 2022
Next filing
Apr 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBBN Common Stock Options Exercise +6.06K +5.42% 118K Apr 15, 2022 Direct F1
transaction RBBN Common Stock Tax liability -$4.58K -1.47K -1.25% $3.11 116K Apr 15, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBBN Restricted Stock Units (RSU) Options Exercise -$18.8K -6.06K -100% $3.11 0 Apr 15, 2022 Common Stock 6.06K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs convert to Common Stock on a one-for-one basis.
F2 Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs.
F3 The RSU vested in full on April 15, 2022.