LOPEZ MIGUEL A 4
4 · Ribbon Communications Inc. · Filed Oct 21, 2024
Insider Transaction Report
Form 4
LOPEZ MIGUEL A
EVP and CFO
Transactions
- Exercise/Conversion
RSUs
2024-10-18−26,709→ 26,709 total→ Common Stock (26,709 underlying) - Exercise/Conversion
Common Stock
2024-10-18+26,709→ 467,306 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2024-10-17−38,723→ 0 total→ Common Stock (38,723 underlying) - Tax Payment
Common Stock
2024-10-17$3.38/sh−15,237$51,501→ 440,597 total - Tax Payment
Common Stock
2024-10-18$3.56/sh−10,509$37,412→ 456,797 total - Exercise/Conversion
Common Stock
2024-10-17+38,723→ 455,834 total
Footnotes (4)
- [F1]Each Restricted Stock Unit (RSU) and Performance Share Unit (PSU) converts into common stock on a one-for-one basis.
- [F2]Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting.
- [F3]The RSUs were granted on April 17, 2023 and vested as to one-half on April 17, 2024; the remaining half of the RSUs vested in two equal installments thereafter on July 17, 2024 and October 17, 2024.
- [F4]The RSUs were granted on April 18, 2022 and vested as to one-third on April 18, 2023; the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through April 18, 2025.