McCaffery Stephen J. 4
4 · Ribbon Communications Inc. · Filed Sep 19, 2022
Insider Transaction Report
Form 4
McCaffery Stephen J.
EVP, Global Sales
Transactions
- Exercise/Conversion
Restricted Stock Units (RSU)
2022-09-15−6,969→ 20,908 total→ Common Stock (6,969 underlying) - Exercise/Conversion
Common Stock
2022-09-15+6,969→ 53,387 total - Tax Payment
Common Stock
2022-09-15$3.10/sh−3,362$10,422→ 50,025 total
Footnotes (3)
- [F1]RSUs convert to common stock on a one-for-one basis.
- [F2]The RSUs vested as to one-third on March 15, 2022 and the remaining two-thirds vest in four equal semi-annual installments thereafter through March 15, 2024.
- [F3]Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.