Filing Details

Accession Number:
0001708055-19-000053
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-18 17:26:58
Reporting Period:
2019-12-16
Accepted Time:
2019-12-18 17:26:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1708055 Ribbon Communications Inc. RBBN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1550524 Anthony Scarfo C/O Ribbon Communications Inc.
4 Technology Park Drive
Westford MA 01886
Evp, Products & R&D No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-12-16 2,500 $0.00 72,755 No 4 M Direct
Common Stock Disposition 2019-12-16 1,156 $2.80 71,599 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2019-12-16 2,500 $0.00 2,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,499 No 4 M Direct
Footnotes
  1. Restricted stock units convert into common stock on a one-for-one basis.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 instruction letter previously adopted by the Reporting Person and represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
  3. 15,000 restricted stock units were granted to the Reporting Person on June 15, 2018, vesting over a three-year period. One-third of those restricted stock units vested on June 17, 2019, one-sixth vested on December 16, 2019 and the remainder of the restricted stock units will vest in three equal, semi-annual installments thereafter through June 15, 2021