VOGT CHARLES D 4
4 · DZS INC. · Filed Jun 13, 2023
Insider Transaction Report
Form 4
DZS INC.DZSI
VOGT CHARLES D
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2023-06-10+14,816→ 109,068 total - Tax Payment
Common Stock
[F2]2023-06-10$3.49/sh−6,116$21,345→ 102,952 total - Exercise/Conversion
Restricted Stock Units
[F1]2023-06-10−14,816→ 0 total→ Common Stock (14,816 underlying)
Footnotes (2)
- [F1]This represents the third vesting on June 10, 2023 in the amount of 14,816 units for a total amount vested of 44,444 of the restricted stock units issued on August 1, 2020. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
- [F2]Shares withheld by DZS to satisfy tax withholding requirements on vesting of restricted stock.
Signature
/s/Laura Larsen-Misunas as Power of Attorney|2023-06-10