Scarfo Anthony 4
4 · Ribbon Communications Inc. · Filed Sep 19, 2022
Insider Transaction Report
Form 4
Scarfo Anthony
EVP, Product & R&D
Transactions
- Tax Payment
Common Stock
2022-09-16$2.95/sh−6,986$20,609→ 252,431 total - Exercise/Conversion
Common Stock
2022-09-15+6,969→ 234,107 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2022-09-16−27,006→ 27,006 total→ Common Stock (27,006 underlying) - Exercise/Conversion
Common Stock
2022-09-16+27,006→ 259,417 total - Tax Payment
Common Stock
2022-09-15$3.10/sh−1,696$5,258→ 232,411 total - Exercise/Conversion
Restricted Stock Units (RSU)
2022-09-15−6,969→ 20,908 total→ Common Stock (6,969 underlying)
Footnotes (4)
- [F1]RSUs convert into 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 the RSUs.
- [F4]The RSUs vested as to one third on March 16, 2021 and the remaining two-thirds vest in four equal semi-annual installments thereafter through March 16, 2023.