Misty Dawn Kawecki - 30 May 2022 Form 4 Insider Report for DZS INC. (DZSIQ)

Role
Chief Financial Officer
Signature
/s/Laura Larsen-Misunas as Power of Attorney
Issuer symbol
DZSIQ
Transactions as of
30 May 2022
Net transactions value
$0
Form type
4
Filing time
01 Jun 2022, 16:19:40 UTC
Previous filing
04 Aug 2021
Next filing
05 Jul 2022
SEC
View on sec.gov

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 +4,138 4,138 30 May 2022 Common Stock 4,138 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 and will vest in one equal installments on May 30, 2023, subject to the reporting person's continued employment with the issuer on the vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.