Min Woo Nam - 30 Jun 2023 Form 4 Insider Report for DZS INC. (DZSIQ)

Reporting relationship: Director
Issuer ticker: DZSIQ
Reported as of: 30 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Jul 2023, 16:39:18 UTC
Prior SEC filing: 04 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/Laura Larsen-Misunas as Power of Attorney

Filing notes and source

Key filing fact

Min Woo Nam filed Form 4 for DZS INC. (DZSIQ) on 05 Jul 2023.

Key facts

This page summarizes Min Woo Nam's Form 4 filing for DZS INC. (DZSIQ).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 05 Jul 2023, 16:39.

Change

Previous filing in this sequence was filed on 04 Apr 2023.
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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DZSI transaction

Common Stock

Options Exercise

Transaction value
Shares: +1,951
Change %: +6.5%
Price
Shares after: 31,957
Date: 30 Jun 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

DZSI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -1,951
Change %: -33%
Price
Shares after: 3,904
Date: 30 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,951
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Min Woo Nam is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

This represents the second vesting on June 30, 2023 in the amount of 1,951 units for a total amount vested of 3,902 of the restricted stock units issued on January 3, 2023. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.