INFANTE BEATRIZ V 4
4 · Ribbon Communications Inc. · Filed Jun 18, 2024
Insider Transaction Report
Form 4
INFANTE BEATRIZ V
Director
Transactions
- Exercise/Conversion
Restricted Stock Units (RSUs)
2024-06-15−51,964→ 0 total→ Common Stock (51,964 underlying) - Exercise/Conversion
Common Stock
2024-06-15+51,964→ 309,339 total - Award
RSUs
2024-06-17+48,365→ 48,365 total→ Common Stock (48,365 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, 2023 and vested in full on June 15, 2024.
- [F3]The RSUs will vest on June 17, 2025, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") occurs prior to June 17, 2025, and, at such 2025 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 2025 Annual Meeting.