Accession Number: | 0001062993-22-015288 |
Date: | 2022-06-21 |
Issuer: | RIBBON COMMUNICATIONS INC. (RBBN) |
Original Submission Date: |
MACKEN PATRICK W
6500 CHASE OAKS BOULEVARD
SUITE 100
PLANO, TX 75023
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2022-06-21 | M | 25,000 | a | $0.00 | 76,126 | direct | ||
COMMON STOCK | 2022-06-21 | F | 10,205 | d | $2.77 | 65,921 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS (RSU) | 0.0 | 2022-06-21 | deemed execution date | M | 25,000 (d) | common stock 25,000 | $0.00 | 50,000 | direct |
ID | footnote |
---|---|
f1 | rsus convert into common stock on a one-for-one basis. |
f2 | reflects share of common stock withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of rsus. |
f3 | the rsus vested as to one-third on june 19, 2021, and the remaining two-thirds of the rsus vest in four equal, semi-annual installments thereafter through june 19, 2023. |