Todd Jackson - Sep 6, 2024 Form 4 Insider Report for DZS INC. (DZSI)

Role
Director
Signature
/s/Laura Larsen-Misunas as Power of Attorney
Stock symbol
DZSI
Transactions as of
Sep 6, 2024
Transactions value $
$0
Form type
4
Date filed
9/10/2024, 07:30 PM
Previous filing
Feb 26, 2024
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DZSI Common Stock Options Exercise +50K 50K Sep 6, 2024 Direct F1

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 DZSI Restricted Stock Units Award +100K 100K Sep 6, 2024 Common Stock 100K Direct F1
transaction DZSI Restricted Stock Units Options Exercise -50K -50% 50K Sep 6, 2024 Common Stock 50K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units were granted pursuant to the issuer's 2017 Incentive Award Plan. These restricted stock units are 50% vested on the grant date of September 6, 2024, and the rest of the awards will vest in two equal installments on September 30, 2024, and December 31, 2024, subject to the reporting person's continued employment with the issuer on each vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.