Dan Redington - 22 Feb 2023 Form 3 Insider Report for Ribbon Communications Inc. (RBBN)

Role
EVP of Global Sales
Signature
Patrick Macken, By POA from Dan Redington, EVP of Global Sales
Issuer symbol
RBBN
Transactions as of
22 Feb 2023
Net transactions value
$0
Form type
3
Filing time
01 Mar 2023, 17:02:11 UTC
Next filing
19 Apr 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
holding RBBN Restricted Stock Units (RSUs) 22 Feb 2023 Common Stock 133,928 $0.000000 Direct F1
holding RBBN RSUs 22 Feb 2023 Common Stock 125,000 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were awarded on December 15, 2022 and vest in full on the first anniversary of the date of grant.
F2 The RSUs were awarded on December 15, 2022 and vest as to one-third on the first anniversary of the date of grant, and the remaining two-thirds will vest in four equal semi-annual installments thereafter through December 15, 2025.