4//SEC Filing
Marthi Raghu 4
Accession 0001101680-24-000073
CIK 0001101680other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 1:48 PM ET
Size
8.8 KB
Accession
0001101680-24-000073
Insider Transaction Report
Form 4
DZS INC.DZSI
Marthi Raghu
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2024-07-01+6,666→ 35,371 total - Tax Payment
Common Stock
2024-07-01$1.16/sh−2,177$2,525→ 33,194 total - Exercise/Conversion
Restricted Stock Units
2024-07-01−6,666→ 6,668 total→ Common Stock (6,666 underlying)
Footnotes (2)
- [F1]This represents the second vesting on July 1, 2024 in the amount of 6,666 units for a total amount vested of 13,332 of the restricted stock units issued on July 1, 2022. The remaining vesting will occur on July 1, 2025, 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.
Documents
Issuer
DZS INC.
CIK 0001101680
Entity typeother
Related Parties
1- filerCIK 0002021843
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 1:48 PM ET
- Size
- 8.8 KB