Barbara Carbone - Mar 31, 2022 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, 2022
Transactions value $
$0
Form type
4
Date filed
4/4/2022, 04:30 PM
Previous filing
Jan 4, 2022
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DZSI Common Stock Options Exercise $0 +972 +22.74% $0.00 5.25K Mar 31, 2022 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 Restrict Stock Units Options Exercise -972 -24.99% 2.92K Mar 31, 2022 Common Stock 972 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, 2022 in the amount of 972 units for a total amount vested 972 of the restricted stock units issued on January 3, 2022. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.