Alonso Miguel 4
4 · DZS INC. · Filed Oct 2, 2024
Insider Transaction Report
Form 4
DZS INC.DZSI
Alonso Miguel
Chief Product Officer
Transactions
- Exercise/Conversion
Common Stock
2024-10-01+1,250→ 74,820 total - Tax Payment
Common Stock
2024-10-01$0.56/sh−420$235→ 74,400 total - Exercise/Conversion
Restricted Stock Units
2024-10-01−1,250→ 1,250 total→ Common Stock (1,250 underlying)
Footnotes (2)
- [F1]This represents the third vesting on October 1, 2024, in the amount of 1,250 units for a total amount vested of 3,750 of the restricted stock units issued on October 1, 2021. The remaining vesting will occur on October 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.