Scott Mair - Oct 17, 2022 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)

Role
Director
Signature
/s/ Patrick Macken, Attorney-in-Fact
Stock symbol
RBBN
Transactions as of
Oct 17, 2022
Transactions value $
$0
Form type
4
Date filed
10/19/2022, 04:35 PM
Previous filing
Sep 12, 2022
Next filing
Jun 16, 2023

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(s)") Award $0 +40.3K $0.00 40.3K Oct 17, 2022 Common Stock 40.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs shall vest in full upon the earlier of (1) the first anniversary of the date of grant and (2) the next annual stockholders meeting of the Issuer which is held at least 50 weeks after the Issuer's immediately preceding year's annual stockholders meeting subject to the Reporting Person's continued service to the Issuer through such date.