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

Role
Director
Signature
/s/ Patrick Macken, Attorney-in-Fact
Issuer symbol
RBBN
Transactions as of
17 Oct 2022
Net transactions value
$0
Form type
4
Filing time
19 Oct 2022, 16:35:53 UTC
Previous filing
12 Sep 2022
Next filing
16 Jun 2023
SEC
View on sec.gov

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 +40,309 $0.000000 40,309 17 Oct 2022 Common Stock 40,309 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.