4//SEC Filing
Cancro Thomas 4
Accession 0001209191-21-045275
CIK 0001101680other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 12:39 PM ET
Size
8.4 KB
Accession
0001209191-21-045275
Insider Transaction Report
Form 4
DZS INC.DZSI
Cancro Thomas
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2021-07-01+10,000→ 10,000 totalExercise: $20.90Exp: 2031-07-01→ Common Stock (10,000 underlying) - Award
Restricted Stock Units
2021-07-01+20,000→ 20,000 total→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]These restricted stock units were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest in four equal installments on July 1, 2022, 2023, 2024 and 2025, subject to the reporting person's continued employment with the issuer on each vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
- [F2]These options were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest over a four year vesting schedule as follows: 25% of the options will vest on July 1, 2022 and the remainder will vest in 36 equal monthly installments thereafter subject to the reporting person's continued employment with the issuer on each vesting date.
Documents
Issuer
DZS INC.
CIK 0001101680
Entity typeother
Related Parties
1- filerCIK 0001615513
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 12:39 PM ET
- Size
- 8.4 KB