McCaffery Stephen J. 4
4 · Ribbon Communications Inc. · Filed Mar 16, 2022
Insider Transaction Report
Form 4
McCaffery Stephen J.
EVP, Global Sales
Transactions
- Exercise/Conversion
Restricted Stock Units (RSU)
2022-03-15−13,940→ 27,877 total→ Common Stock (13,940 underlying) - Exercise/Conversion
Common Stock
2022-03-15+13,940→ 52,969 total - Tax Payment
Common Stock
2022-03-15$2.81/sh−6,551$18,408→ 46,418 total
Footnotes (3)
- [F1]RSUs convert to common stock on a one-for-one basis.
- [F2]Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
- [F3]The RSUs vested as to one-third on March 15, 2022 and the remaining two-thirds of the RSUs will vest in four equal semi-annual installments thereafter through March 15, 2024.