Filing Details

Accession Number:
0000950103-22-014172
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-18 11:52:11
Reporting Period:
2022-08-16
Accepted Time:
2022-08-18 11:52:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1708055 Ribbon Communications Inc. RBBN Services-Computer Integrated Systems Design (7373) 821669692
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1805595 Ltd. Investments Swarth Po Box 634, Frances House,
Sir William Place
St Peter Port Y7 GY1 3DR
No No Yes 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 2022-08-16 1,639,344 $3.05 27,435,739 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. On August 12, 2022, the Reporting Person and the Issuer entered into a Securities Purchase Agreement (the "Purchase Agreement") among the Reporting Person, the Issuer and the other parties listed on the signature pages thereto, pursuant to which the Issuer issued, in the aggregate, 17,071,311 shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock") in a private placement transaction. Of the 17,071,311 shares of Common Stock issued under the Purchase Agreement, the Reporting Person acquired 1,639,344 shares of Common Stock. The transactions contemplated by the Purchase Agreement closed on August 16, 2022, at which time the Common Stock was issued to the Reporting Person and the other purchasers.