Miguel A. Lopez - 17 Oct 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
21 Oct 2024, 19:01:35 UTC
Prior SEC filing
18 Jul 2024
Next SEC filing
11 Apr 2025
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 21 Oct 2024.

Key facts

  • This page summarizes Miguel A. Lopez's Form 4 filing for Ribbon Communications Inc. (RBBN).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Oct 2024, 19:01.

Change

  • Previous filing in this sequence was filed on 18 Jul 2024.
  • Current net transaction value: -$88,913.

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
+38,723
Change %
+9.3%
Price
Shares after
455,834
Date
17 Oct 2024
Ownership
Direct
Footnotes
F1
RBBN transaction

Common Stock

Tax liability

Transaction value
$51,501
Shares
-15,237
Change %
-3.3%
Price
$3.38
Shares after
440,597
Date
17 Oct 2024
Ownership
Direct
Footnotes
F2
RBBN transaction

Common Stock

Options Exercise

Transaction value
Shares
+26,709
Change %
+6.1%
Price
Shares after
467,306
Date
18 Oct 2024
Ownership
Direct
Footnotes
F1
RBBN transaction

Common Stock

Tax liability

Transaction value
$37,412
Shares
-10,509
Change %
-2.2%
Price
$3.56
Shares after
456,797
Date
18 Oct 2024
Ownership
Direct

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
-38,723
Change %
-100%
Price
$0.000000
Shares after
0
Date
17 Oct 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
38,723
Exercise price
Footnotes
F1, F3
RBBN transaction Derivative

RSUs

Options Exercise

Transaction value
$0
Shares
-26,709
Change %
-50%
Price
$0.000000
Shares after
26,709
Date
18 Oct 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,709
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 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 vested in two equal installments thereafter on July 17, 2024 and October 17, 2024.

Footnote F4

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 vest in four equal semi-annual installments thereafter through April 18, 2025.

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