Key facts
- This page summarizes Miguel A. Lopez's Form 4 filing for Ribbon Communications Inc. (RBBN).
- 10 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 19 Apr 2024, 16:17.
Miguel A. Lopez - 17 Apr 2024 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)
- Reporting relationship
- EVP, CFO
- Issuer ticker
- RBBN
- Reported as of
- 17 Apr 2024
- Net transaction value
- -$164,230
- SEC form
- 4
- Accepted by SEC
- 19 Apr 2024, 16:17:39 UTC
- Prior SEC filing
- 18 Mar 2024
- Next SEC filing
- 18 Jul 2024
- Source filing
- View source filing
- Reporting owner signature
- Patrick Macken, By POA from Miguel Lopez
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Miguel A. Lopez filed Form 4 for Ribbon Communications Inc. (RBBN) on 19 Apr 2024.
Change
- Previous filing in this sequence was filed on 18 Mar 2024.
- Current net transaction value: -$164,230.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RBBN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +77,448
- Change %
- +27%
- Price
- Shares after
- 366,569
- Date
- 17 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
RBBN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +31,714
- Change %
- +8.7%
- Price
- Shares after
- 398,283
- Date
- 17 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
RBBN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +31,714
- Change %
- +8%
- Price
- Shares after
- 429,997
- Date
- 17 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
RBBN
transaction
Common Stock
Tax liability
- Transaction value
- $137,633
- Shares
- -52,733
- Change %
- -12%
- Price
- $2.61
- Shares after
- 377,264
- Date
- 17 Apr 2024
- Ownership
- Direct
- Footnotes
- F2
RBBN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +26,709
- Change %
- +7.1%
- Price
- Shares after
- 403,973
- Date
- 18 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
RBBN
transaction
Common Stock
Tax liability
- Transaction value
- $26,597
- Shares
- -10,349
- Change %
- -2.6%
- Price
- $2.57
- Shares after
- 393,624
- Date
- 18 Apr 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RBBN
transaction
Derivative
Restricted Stock Units (RSUs)
Options Exercise
- Transaction value
- $0
- Shares
- -77,448
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 77,447
- Date
- 17 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 77,448
- Exercise price
- Footnotes
- F1, F3
RBBN
transaction
Derivative
Performance Share Units (PSUs)
Options Exercise
- Transaction value
- $0
- Shares
- -31,714
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 17 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 31,714
- Exercise price
- Footnotes
- F1, F4
RBBN
transaction
Derivative
PSUs
Options Exercise
- Transaction value
- $0
- Shares
- -31,714
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 17 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 31,714
- Exercise price
- Footnotes
- F1, F4
RBBN
transaction
Derivative
RSUs
Options Exercise
- Transaction value
- $0
- Shares
- -26,709
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 53,418
- Date
- 18 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 26,709
- Exercise price
- Footnotes
- F1, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Each Restricted Stock Unit (RSU) and Performance Share Unit (PSU) converts into common stock on a one-for-one basis.
Footnote F2
Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting.
Footnote F3
The RSUs were granted on April 17, 2023 and vested as to one-half on April 17, 2024; the remaining half of the RSUs vest in two equal installments thereafter on July 17, 2024 and October 17, 2024.
Footnote F4
The PSUs were issued on April 17, 2023. The number of PSUs earned and vested was based on achievement of a revenue goal set (prior to grant) by the Compensation Committee of the Issuer's Board of Directors for the fiscal year ended December 31, 2023. The remaining PSUs were forfeited.
Footnote F5
The RSUs were granted on April 18, 2022 and vested as to one-third on April 18, 2023; the remaining two-thirds of the RSUs will vest in four equal semi-annual installments thereafter through April 18, 2025.