Barbara Carbone - Mar 31, 2021 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
Mar 31, 2021
Transactions value $
$0
Form type
4
Date filed
7/2/2021, 03:00 PM
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DZSI Common Stock Options Exercise $0 +1.07K $0.00 1.07K Mar 31, 2021 Direct F1
transaction DZSI Common Stock Options Exercise $0 +1.07K +100% $0.00 2.14K Jun 30, 2021 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 -1.07K -24.98% 3.21K Mar 31, 2021 Common Stock 1.07K Direct F1
transaction DZSI Restricted Stock Units Options Exercise -1.07K -33.3% 2.14K Jun 30, 2021 Common Stock 1.07K 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 first vesting on March 31, 2021 in the amount of 1,068 units and the second vesting on June 30, 2021 in the amount of 1,068 shares for a total amount vested of 2,136 of the restricted stock units issued on January 4, 2021. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.