Choon Yul Yoo - Sep 30, 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
Sep 30, 2022
Transactions value $
$0
Form type
4
Date filed
10/4/2022, 05:05 PM
Previous filing
Jul 5, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DZSI Common Stock Options Exercise $0 +972 +6.05% $0.00 17.1K Sep 30, 2022 Direct F1
transaction DZSI Common Stock Options Exercise $0 +548 +3.21% $0.00 17.6K Sep 30, 2022 Direct F2

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 -972 -49.97% 973 Sep 30, 2022 Common Stock 972 Direct F1
transaction DZSI Restricted Stock Units Options Exercise -548 -50.05% 547 Sep 30, 2022 Common Stock 548 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the third vesting on September 30, 2022 in the amount of 972 units for a total amount vested of 2,916 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.
F2 This represents the first vesting on September 30, 2022 in the amount of 548 units for a total amount vested of 548 of the restricted stock units issued on July 1, 2022. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.