Miguel A. Lopez - 17 Jul 2024 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Jul 2024, 17:44:53 UTC
Prior SEC filing
19 Apr 2024
Next SEC filing
21 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Patrick Macken, By POA from Miguel Lopez

Key filing fact

Miguel A. Lopez filed Form 4 for Ribbon Communications Inc. (RBBN) on 18 Jul 2024.

Key facts

  • This page summarizes Miguel A. Lopez's Form 4 filing for Ribbon Communications Inc. (RBBN).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Jul 2024, 17:44.

Change

  • Previous filing in this sequence was filed on 19 Apr 2024.
  • Current net transaction value: -$59,424.

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.

RBBN transaction

Common Stock

Options Exercise

Transaction value
Shares
+38,724
Change %
+9.8%
Price
Shares after
432,348
Date
17 Jul 2024
Ownership
Direct
Footnotes
F1
RBBN transaction

Common Stock

Tax liability

Transaction value
$59,424
Shares
-15,237
Change %
-3.5%
Price
$3.90
Shares after
417,111
Date
17 Jul 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 (RSU)

Options Exercise

Transaction value
$0
Shares
-38,724
Change %
-50%
Price
$0.000000
Shares after
38,723
Date
17 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
38,724
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

RSUs convert to 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 of RSUs.

Footnote F3

The RSUs were granted on April 17, 2023, vested as to one-third on April 17, 2024 and the remaining RSUs will vest on October 17, 2024.

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