Eric S. Marmurek - Oct 15, 2024 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)

Role
SVP, Deputy CFO & CAO
Signature
Patrick Macken, By POA for Rick Marmurek, SVP Deputy CFO & CAO
Stock symbol
RBBN
Transactions as of
Oct 15, 2024
Transactions value $
$0
Form type
4
Date filed
10/17/2024, 05:05 PM
Previous filing
May 17, 2024
Next filing
Oct 21, 2024

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 (RSUs) Award $0 +150K $0.00 150K Oct 15, 2024 Common Stock 150K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These RSUs convert to Common Stock on a one-for-one basis.
F2 The RSUs will vest as to 50% on October 15, 2025 and the remaining 50% of the RSUs will vest in two equal semi-annual installments thereafter through October 15, 2026.