Swade Michael R. 4
4 · Ribbon Communications Inc. · Filed Jun 19, 2018
Insider Transaction Report
Form 4
Swade Michael R.
EVP Global Sales
Transactions
- Award
Restricted Stock Units (RSUs)
2018-06-15+50,000→ 50,000 total→ Common Stock (50,000 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 vest over a three-year period as follows: one-third of the restricted stock units shall vest on June 15, 2019, and the remaining two-thirds of the restricted stock units shall vest in four equal, semi-annual installments thereafter through June 15, 2021.