4//SEC Filing
Kawecki Misty Dawn 4
Accession 0001101680-23-000084
CIK 0001101680other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 7:52 PM ET
Size
14.0 KB
Accession
0001101680-23-000084
Insider Transaction Report
Form 4
DZS INC.DZSI
Kawecki Misty Dawn
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-07-01+16,698→ 41,591 total - Exercise/Conversion
Restricted Stock Units
2023-07-01−16,698→ 33,396 total→ Common Stock (16,698 underlying) - Tax Payment
Common Stock
2023-07-01$3.97/sh−8,282$32,880→ 53,358 total - Exercise/Conversion
Restricted Stock Units
2023-07-01−25,000→ 25,000 total→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2023-07-01$3.97/sh−4,951$19,655→ 36,640 total - Exercise/Conversion
Common Stock
2023-07-01+25,000→ 61,640 total
Footnotes (3)
- [F1]This represents the first vesting on July 1, 2023 in the amount of 16,698 units for a total amount vested of 16,698 of the restricted stock units issued on July 1, 2022. The remaining vesting will occur on July 1, 2024 and 2025 subject to the reporting person's continued employment with the issuer on each such vesting date. 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 units.
- [F3]This represents the first vesting on July 1, 2023 in the amount of 25,000 units for a total amount vested of 25,000 of the restricted stock units issued on July 1, 2022. The remaining vesting will occur on July 1, 2024 subject to the reporting person's continued employment with the issuer on such vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
Documents
Issuer
DZS INC.
CIK 0001101680
Entity typeother
Related Parties
1- filerCIK 0001876155
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 7:52 PM ET
- Size
- 14.0 KB