Patrick W. Macken - 18 Jan 2024 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Jan 2024, 16:56:14 UTC
Prior SEC filing
23 Oct 2023
Next SEC filing
01 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Patrick Macken

Key filing fact

Patrick W. Macken filed Form 4 for Ribbon Communications Inc. (RBBN) on 19 Jan 2024.

Key facts

  • This page summarizes Patrick W. Macken's Form 4 filing for Ribbon Communications Inc. (RBBN).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Jan 2024, 16:56.

Change

  • Previous filing in this sequence was filed on 23 Oct 2023.
  • Current net transaction value: -$54,784.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RBBN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+40,983
Change %
+22%
Price
$0.000000
Shares after
223,332
Date
18 Jan 2024
Ownership
Direct
Footnotes
F1
RBBN transaction

Common Stock

Tax liability

Transaction value
$54,784
Shares
-19,290
Change %
-8.6%
Price
$2.84
Shares after
204,042
Date
18 Jan 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RBBN transaction Derivative

Restricted Stock Units (RSUs)

Options Exercise

Transaction value
$0
Shares
-40,983
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
40,983
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

RSUs convert to Common Stock on a one-for-one basis.

Footnote F2

Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the RSUs.

Footnote F3

The RSUs vested in full on January 18, 2024.

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