Matthew W. Bross - Sep 30, 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 30, 2024
Transactions value $
$0
Form type
4
Date filed
10/2/2024, 06:01 PM
Previous filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DZSI Common Stock Options Exercise +25K +37.28% 92.1K Sep 30, 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 Options Exercise -25K -50% 25K Sep 30, 2024 Common Stock 25K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the second vesting on September 30, 2024, in the amount of 25,000 units for a total amount vested of 75,000 of the restricted stock units issued on September 6, 2024. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.