INFANTE BEATRIZ V 4
4 · Ribbon Communications Inc. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
INFANTE BEATRIZ V
Director
Transactions
- Exercise/Conversion
Common Stock
2023-06-15+38,585→ 257,375 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2023-06-15−38,585→ 0 total→ Common Stock (38,585 underlying) - Award
RSUs
2023-06-15+51,964→ 51,964 total→ Common Stock (51,964 underlying)
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The RSUs were awarded on June 15, 2022 and vested in full on June 15, 2023.
- [F3]The RSUs will vest on June 15, 2024, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") occurs prior to June 15, 2024, and, at such 2024 Annual 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 2024 Annual Meeting.