Macken Patrick W 4
4 · Ribbon Communications Inc. · Filed Apr 22, 2025
Insider Transaction Report
Form 4
Macken Patrick W
EVP, CLO & Secretary
Transactions
- Exercise/Conversion
Common Stock
2025-04-18+21,367→ 316,971 total - Tax Payment
Common Stock
2025-04-18$3.58/sh−9,572$34,268→ 307,399 total - Exercise/Conversion
RSUs
2025-04-18−21,367→ 0 total→ Common Stock (21,367 underlying) - Tax Payment
Common Stock
2025-04-17$3.53/sh−9,252$32,660→ 295,604 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2025-04-17−20,653→ 41,304 total→ Common Stock (20,653 underlying) - Exercise/Conversion
Common Stock
2025-04-17+20,653→ 304,856 total
Footnotes (4)
- [F1]Each Restricted Stock Unit (RSU) 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 originally vested as to one-third on April 17, 2024; the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through April 17, 2026.
- [F4]The RSUs were granted on April 18, 2022 and originally vested as to one-third on April 18, 2023; the remaining two-thirds of the RSUs vested in four equal semi-annual installments thereafter through April 18, 2025.