4//SEC Filing
Bross Matthew W 4
Accession 0001209191-23-000756
CIK 0001101680other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 3:39 PM ET
Size
13.9 KB
Accession
0001209191-23-000756
Insider Transaction Report
Form 4
DZS INC.DZSI
Bross Matthew W
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-12-31−547→ 0 total→ Common Stock (547 underlying) - Exercise/Conversion
Restricted Stock Units
2023-01-03+7,806→ 7,806 total→ Common Stock (7,806 underlying) - Exercise/Conversion
Common Stock
2022-12-31+973→ 8,712 total - Exercise/Conversion
Common Stock
2022-12-31+547→ 9,259 total - Exercise/Conversion
Restricted Stock Units
2022-12-31−973→ 0 total→ Common Stock (973 underlying)
Footnotes (3)
- [F1]This represents the fourth vesting on December 31, 2022 in the amount of 973 units for a total amount vested of 3,889 of the restricted stock units issued on January 3, 2022. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
- [F2]This represents the second vesting on December 31, 2022 in the amount of 547 units for a total amount vested of 1,095 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.
- [F3]These restricted stock units were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest in four equal installments on March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023, subject to the reporting person's continued service to the issuer on each such vesting date. Each restricted stock unit represents the right to receive one share of the company's common stock upon vesting.
Documents
Issuer
DZS INC.
CIK 0001101680
Entity typeother
Related Parties
1- filerCIK 0001599956
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 3:39 PM ET
- Size
- 13.9 KB