Patrick W. Macken - 17 Jan 2023 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)

Role
EVP, Chief Legal Officer
Signature
Patrick Macken
Issuer symbol
RBBN
Transactions as of
17 Jan 2023
Net transactions value
$0
Form type
4
Filing time
19 Jan 2023, 16:33:04 UTC
Previous filing
19 Dec 2022
Next filing
17 Mar 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) Award $0 -40,983 -50% $0.000000 40,983 17 Jan 2023 Common Stock 40,983 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs convert into common stock on a one-for-one basis.
F2 The RSUs vest in full on January 18, 2024.