SHANI SHAUL 4
4 · Ribbon Communications Inc. · Filed Jun 17, 2022
Insider Transaction Report
Form 4
SHANI SHAUL
Director
Transactions
- Exercise/Conversion
Common Stock
2022-06-15+14,797→ 14,797 total - Exercise/Conversion
Restricted Stock Units (RSU)
2022-06-15−14,797→ 0 total→ Common Stock (14,797 underlying) - Award
RSU
2022-06-15+38,585→ 38,585 total→ Common Stock (38,585 underlying)
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of the Issuers common stock.
- [F2]The RSUs was awarded on June 15, 2021 and vested in full on June 15, 2022.
- [F3]The RSUs will vest on June 15, 2023, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2023 Annual Meeting of Stockholders (the "2023 Annual Meeting") occurs prior to June 15, 2023, and, at such 2023Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2023 Annual Meeting.