Dan Redington - 17 Apr 2024 Form 4/A - Amendment Insider Report for Ribbon Communications Inc. (RBBN)

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A - Amendment
Accepted by SEC
18 Mar 2025, 18:16:51 UTC
Original report date
19 Apr 2024
Prior SEC filing
28 Feb 2024
Next SEC filing
17 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Patrick Macken, By POA from Dan Redington, EVP of Global Sales

Key filing fact

Dan Redington filed Form 4/A - Amendment for Ribbon Communications Inc. (RBBN) on 18 Mar 2025.

Key facts

  • This page summarizes Dan Redington's Form 4/A - Amendment filing for Ribbon Communications Inc. (RBBN).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Mar 2025, 18:16.

Change

  • Previous filing in this sequence was filed on 28 Feb 2024.
  • Current net transaction value: -$21,945.

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/A - Amendment 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
+23,743
Change %
+23%
Price
Shares after
125,566
Date
17 Apr 2024
Ownership
Direct
Footnotes
F1, F2
RBBN transaction

Common Stock

Tax liability

Transaction value
$21,945
Shares
-8,408
Change %
-6.7%
Price
$2.61
Shares after
117,158
Date
17 Apr 2024
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

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

RBBN transaction Derivative

Performance Share Units (PSUs)

Options Exercise

Transaction value
$0
Shares
-23,743
Change %
-100%
Price
$0.000000
Shares after
0
Date
17 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
23,743
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 Performance Share Unit (PSU) converts into common stock on a one-for-one basis.

Footnote F2

Original Form 4 filing overstated the number of shares issued upon vesting of this PSU award by 1,881 shares. This amendment has been filed to correct the vesting amount and the amount shown in Column 5 reflects total shares owned after correcting this transaction.

Footnote F3

Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting.

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.

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