4//SEC Filing
Ferguson Justin K. 4
Accession 0001101680-24-000075
CIK 0001101680other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 1:48 PM ET
Size
19.1 KB
Accession
0001101680-24-000075
Insider Transaction Report
Form 4
DZS INC.DZSI
Ferguson Justin K.
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2024-07-01+2,500→ 53,243 total - Tax Payment
Common Stock
2024-07-01$1.16/sh−817$948→ 52,426 total - Exercise/Conversion
Common Stock
2024-07-01+2,500→ 54,926 total - Tax Payment
Common Stock
2024-07-01$1.16/sh−817$948→ 54,109 total - Exercise/Conversion
Common Stock
2024-07-01+16,698→ 70,807 total - Tax Payment
Common Stock
2024-07-01$1.16/sh−5,452$6,324→ 65,355 total - Exercise/Conversion
Restricted Stock Units
2024-07-01−2,500→ 2,500 total→ Common Stock (2,500 underlying) - Exercise/Conversion
Restricted Stock Units
2024-07-01−16,698→ 16,698 total→ Common Stock (16,698 underlying) - Exercise/Conversion
Restricted Stock Units
2024-07-01−2,500→ 0 total→ Common Stock (2,500 underlying)
Footnotes (4)
- [F1]This represents the third vesting on July 1, 2024 in the amount of 2,500 units for a total amount vested of 7,500 of the restricted stock units issued on July 1, 2021. 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 units.
- [F3]This represents the second vesting on July 1, 2024 in the amount of 2,500 units for a total amount vested of 5,000 of the restricted stock units issued on July 1, 2022. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
- [F4]This represents the second vesting on July 1, 2024 in the amount of 16,698 units for a total amount vested of 33,396 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.
Documents
Issuer
DZS INC.
CIK 0001101680
Entity typeother
Related Parties
1- filerCIK 0001655819
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 1:48 PM ET
- Size
- 19.1 KB