4//SEC Filing
McCaffery Stephen J. 4
Accession 0001708055-25-000039
CIK 0001708055other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 4:30 PM ET
Size
13.2 KB
Accession
0001708055-25-000039
Insider Transaction Report
Form 4
McCaffery Stephen J.
EVP, Global Sales
Transactions
- Award
RSUs
2025-10-31+108,006→ 108,006 total→ Common Stock (108,006 underlying) - Award
PSUs
2025-10-31+43,202→ 43,202 total→ Common Stock (43,202 underlying) - Award
Restricted Stock Units (RSUs)
2025-10-31+432,027→ 432,027 total→ Common Stock (432,027 underlying) - Award
Performance-Based RSUs (PSUs)
2025-10-31+64,804→ 64,804 total→ Common Stock (64,804 underlying)
Footnotes (5)
- [F1]Each RSU and PSU converts into common stock on a one-for-one basis.
- [F2]The RSUs were awarded on October 31, 2025 and vest as to 108,007 shares on the first anniversary of the date of grant, with the remaining RSUs vesting in six equal semi-annual installments thereafter through October 31, 2029.
- [F3]The RSUs were awarded on October 31, 2025 and vest as to 36,002 shares on the first anniversary of the date of grant, with the remaining RSUs vesting in four equal semi-annual installments thereafter through October 31, 2028.
- [F4]The PSUs were awarded on October 31, 2025. The number of PSUs earned and issuable upon vesting will be determined based on goals (set by the Compensation Committee on an annual basis) for each of the three fiscal years ending December 31, 2025, 2026 and 2027. The aggregate number of shares issued may range from zero shares to 150% of the target number of shares reported in column 3 of Table II. The number of PSUs reported in column 3 of Table II reflects achievement at the target level of performance. The PSUs will vest on May 15, 2028.
- [F5]The PSUs were awarded on October 31, 2025. The number of PSUs earned and issuable upon vesting will be determined based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of a peer index of companies (set by the Compensation Committee at the time of grant) over the period beginning on the grant date and ending December 31, 2028. The aggregate number of shares issued may range from zero shares to 200% of the target number of shares reported in column 3 of Table II. The number of PSUs reported in column 3 of Table II reflects achievement at the target level of performance. The PSUs will vest on May 15, 2029.
Issuer
Ribbon Communications Inc.
CIK 0001708055
Entity typeother
Related Parties
1- filerCIK 0001690129
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 4:30 PM ET
- Size
- 13.2 KB