| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RBBN | Common Stock | Options Exercise | +14.8K | +78.03% | 33.8K | Jun 15, 2022 | Direct | F1 | ||
| transaction | RBBN | Common Stock | Tax liability | -$11.8K | -4.44K | -13.15% | $2.65 | 29.3K | Jun 15, 2022 | Direct | F2 |
| 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 | $0 | -14.8K | -100% | $0.00* | 0 | Jun 15, 2022 | Common Stock | 14.8K | Direct | F1, F3 | |
| transaction | RBBN | RSU | Award | $0 | +38.6K | $0.00 | 38.6K | Jun 15, 2022 | Common Stock | 38.6K | Direct | F1, F4 |
| Id | Content |
|---|---|
| F1 | Each RSU represents a contingent right to receive one share of Ribbon Communications, Inc. common stock. |
| F2 | Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. |
| F3 | The RSU was awarded on June 15, 2021 and vested in full on June 15, 2022. |
| F4 | The RSUs will vest on June 15, 2023, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2023 Annual Meeting of Stockholders (the "2023 Annual Meeting") occurs prior to June 15, 2023, and, at such 2023 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 2023 Annual Meeting. |