SCHUBERT SCOTT E 4
4 · Ribbon Communications Inc. · Filed Jun 19, 2019
Insider Transaction Report
Form 4
SCHUBERT SCOTT E
Director
Transactions
- Award
Restricted Stock Units (RSUs)
2019-06-17+25,975→ 25,975 total→ Common Stock (25,975 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Ribbon Communications Inc. common stock.
- [F2]The restricted stock units will vest on June 17, 2020, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2020 Annual Meeting of Stockholders (the "2020 Annual Meeting") occurs prior to June 17, 2020, and, at such 2020 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these restricted stock units will vest as of the date of the 2020 Annual Meeting.