Thomas Cancro - 01 Jul 2021 Form 4 Insider Report for DZS INC. (DZSIQ)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Jul 2021, 12:39:47 UTC
Next SEC filing
04 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Laura Larsen-Misunas as Power of Attorney

Key filing fact

Thomas Cancro filed Form 4 for DZS INC. (DZSIQ) on 06 Jul 2021.

Key facts

  • This page summarizes Thomas Cancro's Form 4 filing for DZS INC. (DZSIQ).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 06 Jul 2021, 12:39.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DZSI transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+20,000
Change %
Price
$0.000000
Shares after
20,000
Date
01 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
Footnotes
F1
DZSI transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+10,000
Change %
Price
Shares after
10,000
Date
01 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
$20.90
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These restricted stock units were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest in four equal installments on July 1, 2022, 2023, 2024 and 2025, subject to the reporting person's continued employment with the issuer on each vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.

Footnote F2

These options were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest over a four year vesting schedule as follows: 25% of the options will vest on July 1, 2022 and the remainder will vest in 36 equal monthly installments thereafter subject to the reporting person's continued employment with the issuer on each vesting date.

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