EWING R STEWART JR 4
4 · Ribbon Communications Inc. · Filed Mar 18, 2020
Insider Transaction Report
Form 4
EWING R STEWART JR
Director
Transactions
- Award
Restricted Stock Units (RSUs)
2020-03-16+16,591→ 16,591 total→ Common Stock (16,591 underlying)
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of Ribbon Communications Inc. common stock.
- [F2]The RSUs 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 RSUs will vest as of the date of the 2020 Annual Meeting.