4//SEC Filing
Ferguson Justin K. 4
Accession 0001101680-23-000119
CIK 0001101680other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 4:16 PM ET
Size
8.7 KB
Accession
0001101680-23-000119
Insider Transaction Report
Form 4
DZS INC.DZSI
Ferguson Justin K.
Chief Legal Officer
Transactions
- Tax Payment
Common Stock
2023-10-01$2.10/sh−1,824$3,830→ 50,743 total - Exercise/Conversion
Restricted Stock Units
2023-10-01−6,666→ 6,668 total→ Common Stock (6,666 underlying) - Exercise/Conversion
Common Stock
2023-10-01+6,666→ 52,567 total
Footnotes (2)
- [F1]This represents the second vesting on October 1, 2023 in the amount of 6,666 units for a total amount vested of 13,332 of the restricted stock units issued on October 1, 2021. The remaining equal vesting will occur on October 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.
- [F2]Shares withheld by DZS to satisfy tax withholding requirements on vesting of restricted stock units.
Documents
Issuer
DZS INC.
CIK 0001101680
Entity typeother
Related Parties
1- filerCIK 0001655819
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 4:16 PM ET
- Size
- 8.7 KB