McClelland Bruce William 4
4 · Ribbon Communications Inc. · Filed Apr 22, 2025
Insider Transaction Report
Form 4
McClelland Bruce William
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2025-04-17+34,420→ 1,327,883 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2025-04-17−34,420→ 68,841 total→ Common Stock (34,420 underlying) - Tax Payment
Common Stock
2025-04-17$3.53/sh−13,544$47,810→ 1,314,339 total
Footnotes (3)
- [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.