Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| Ribbon Communications Inc.RBBN · Entity 5785 | EVP and CTO | June 17, 2020 | June 19, 2020 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
Ribbon Communications Inc.
Report date June 17, 2020 · Filed June 19, 2020
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 208,108 |
Ending reported balance
After 2020-06-17 transaction · row 2
2 source rows · reconciled sequenceRow 1 · 2020-06-17 · Exercise / conversion · Acquired 14,431 · Balance 212,704 F1: The RSUs convert into common stock on a one-for-one basis. Row 2 · 2020-06-17 · Sale · Disposed 4,596 · Balance 208,108 F2: 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 RSUs. |
| Restricted Stock Units (RSUs)SEC Table II · derivative / convertible security | Direct | 28,860 |
Reported balance
After 2020-06-17 transaction · row 3
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 3 · 2020-06-17 · Exercise / conversion · Disposed 14,431 · Balance 28,860 F1: The RSUs convert into common stock on a one-for-one basis. F3: 43,291 RSUs were granted to the Reporting Person on June 17, 2019 and vest over a three-year period. One-third of the RSUs vested on June 17, 2020 and the remainder of the RSUs will vest in four equal, semi-annual installments thereafter through June 17, 2022. |
Filing footnotes · ownership attribution and instrument terms
F1: The RSUs convert into common stock on a one-for-one basis.
F2: 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 RSUs.
F3: 43,291 RSUs were granted to the Reporting Person on June 17, 2019 and vest over a three-year period. One-third of the RSUs vested on June 17, 2020 and the remainder of the RSUs will vest in four equal, semi-annual installments thereafter through June 17, 2022.
Past disclosures · reporting ended (2)
No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.
AVID TECHNOLOGY, INC.
Report date November 07, 2023 · Filed November 07, 2023
Section 16 reporting ended · disclosed 2023-11-07. Current position is not established by this disclosure.
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 0 |
Ending reported balance
After 2023-11-07 transaction · row 2
2 source rows · reconciled sequenceRow 1 · 2023-11-07 · Disposition to issuer · Disposed 32,310 · Balance 26,027 F1: Pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023 (the "Merger Agreement"), by and among the Issuer, Artisan Bidco, Inc., a Delaware corporation ("Parent"), and Artisan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), effective November 7, 2023, among other things, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger"). F2: Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of the Issuer's common stock ("Common Stock") issued and outstanding immediately prior to the Effective Time was cancelled and automatically converted into the right to receive $27.05 in cash, subject to any required tax withholding in accordance with the terms of the Merger Agreement. Row 2 · 2023-11-07 · Disposition to issuer · Disposed 26,027 · Balance 0 F1: Pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023 (the "Merger Agreement"), by and among the Issuer, Artisan Bidco, Inc., a Delaware corporation ("Parent"), and Artisan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), effective November 7, 2023, among other things, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger"). F3: Pursuant to the Merger Agreement, at the Effective Time, each unvested restricted stock unit ("RSU") award, including each unvested award of performance-based RSUs, was automatically cancelled and converted solely into the contingent right to receive a cash payment equal to the product of (i) the number of RSUs subject to such unvested RSU award immediately prior to the Effective Time multiplied by (ii) $27.05, with such converted cash award generally subject to the same vesting terms and conditions that applied to the corresponding RSU prior to the Effective Time, with payment forfeited to the extent vesting is not satisfied, except if the holder's service is terminated without cause. |
| Performance Rights (Restricted Stock Units)SEC Table II · derivative / convertible security · Expires 2024-03-15 | Direct | 0 |
Reported balance
After 2023-11-07 transaction · row 3
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 3 · 2023-11-07 · Disposition to issuer · Disposed 4,598 · Balance 0 F4: Represents RSUs remaining from an award in 2021, which vest on a performance-based schedule based on the Issuer's relative total shareholder return (rTSR) to the Russell 2000 index in 2024. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date. F1: Pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023 (the "Merger Agreement"), by and among the Issuer, Artisan Bidco, Inc., a Delaware corporation ("Parent"), and Artisan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), effective November 7, 2023, among other things, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger"). F3: Pursuant to the Merger Agreement, at the Effective Time, each unvested restricted stock unit ("RSU") award, including each unvested award of performance-based RSUs, was automatically cancelled and converted solely into the contingent right to receive a cash payment equal to the product of (i) the number of RSUs subject to such unvested RSU award immediately prior to the Effective Time multiplied by (ii) $27.05, with such converted cash award generally subject to the same vesting terms and conditions that applied to the corresponding RSU prior to the Effective Time, with payment forfeited to the extent vesting is not satisfied, except if the holder's service is terminated without cause. |
| Performance Rights (Restricted Stock Units)SEC Table II · derivative / convertible security · Expires 2025-03-15 | Direct | 0 |
Reported balance
After 2023-11-07 transaction · row 4
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 4 · 2023-11-07 · Disposition to issuer · Disposed 8,547 · Balance 0 F5: Represents RSUs remaining from an award in 2022, which vest in equal installments on a performance-based schedule based on the Issuer's relative total shareholder return (rTSR) to the Russell 2000 index in 2024 and 2025. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date. F1: Pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023 (the "Merger Agreement"), by and among the Issuer, Artisan Bidco, Inc., a Delaware corporation ("Parent"), and Artisan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), effective November 7, 2023, among other things, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger"). F3: Pursuant to the Merger Agreement, at the Effective Time, each unvested restricted stock unit ("RSU") award, including each unvested award of performance-based RSUs, was automatically cancelled and converted solely into the contingent right to receive a cash payment equal to the product of (i) the number of RSUs subject to such unvested RSU award immediately prior to the Effective Time multiplied by (ii) $27.05, with such converted cash award generally subject to the same vesting terms and conditions that applied to the corresponding RSU prior to the Effective Time, with payment forfeited to the extent vesting is not satisfied, except if the holder's service is terminated without cause. |
| Performance Rights (Restricted Stock Units)SEC Table II · derivative / convertible security · Expires 2026-03-15 | Direct | 0 |
Reported balance
After 2023-11-07 transaction · row 5
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 5 · 2023-11-07 · Disposition to issuer · Disposed 15,259 · Balance 0 F6: Represents RSUs from an award in 2023, which vest in equal installments on a performance-based schedule based on the Issuer's relative total shareholder return (rTSR) to the Russell 2000 index in 2024, 2025 and 2026. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date. F1: Pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023 (the "Merger Agreement"), by and among the Issuer, Artisan Bidco, Inc., a Delaware corporation ("Parent"), and Artisan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), effective November 7, 2023, among other things, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger"). F3: Pursuant to the Merger Agreement, at the Effective Time, each unvested restricted stock unit ("RSU") award, including each unvested award of performance-based RSUs, was automatically cancelled and converted solely into the contingent right to receive a cash payment equal to the product of (i) the number of RSUs subject to such unvested RSU award immediately prior to the Effective Time multiplied by (ii) $27.05, with such converted cash award generally subject to the same vesting terms and conditions that applied to the corresponding RSU prior to the Effective Time, with payment forfeited to the extent vesting is not satisfied, except if the holder's service is terminated without cause. |
Filing footnotes · ownership attribution and instrument terms
F1: Pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023 (the "Merger Agreement"), by and among the Issuer, Artisan Bidco, Inc., a Delaware corporation ("Parent"), and Artisan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), effective November 7, 2023, among other things, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger").
F2: Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of the Issuer's common stock ("Common Stock") issued and outstanding immediately prior to the Effective Time was cancelled and automatically converted into the right to receive $27.05 in cash, subject to any required tax withholding in accordance with the terms of the Merger Agreement.
F3: Pursuant to the Merger Agreement, at the Effective Time, each unvested restricted stock unit ("RSU") award, including each unvested award of performance-based RSUs, was automatically cancelled and converted solely into the contingent right to receive a cash payment equal to the product of (i) the number of RSUs subject to such unvested RSU award immediately prior to the Effective Time multiplied by (ii) $27.05, with such converted cash award generally subject to the same vesting terms and conditions that applied to the corresponding RSU prior to the Effective Time, with payment forfeited to the extent vesting is not satisfied, except if the holder's service is terminated without cause.
F4: Represents RSUs remaining from an award in 2021, which vest on a performance-based schedule based on the Issuer's relative total shareholder return (rTSR) to the Russell 2000 index in 2024. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date.
F5: Represents RSUs remaining from an award in 2022, which vest in equal installments on a performance-based schedule based on the Issuer's relative total shareholder return (rTSR) to the Russell 2000 index in 2024 and 2025. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date.
F6: Represents RSUs from an award in 2023, which vest in equal installments on a performance-based schedule based on the Issuer's relative total shareholder return (rTSR) to the Russell 2000 index in 2024, 2025 and 2026. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date.
Sonus, Inc.
Report date October 27, 2017 · Filed October 31, 2017
Section 16 reporting ended · disclosed 2017-10-31. Current position is not established by this disclosure.
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 229,246 |
Reported balance
After 2017-10-27 transaction · row 1
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 1 · 2017-10-27 · Exercise / conversion · Acquired 2,917 · Balance 229,246 F1: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. |
| Common StockSEC Table I · non-derivative | Direct | 235,496 |
Reported balance
After 2017-10-27 transaction · row 2
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 2 · 2017-10-27 · Exercise / conversion · Acquired 6,250 · Balance 235,496 F1: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. |
| Common StockSEC Table I · non-derivative | Direct | 251,121 |
Reported balance
After 2017-10-27 transaction · row 3
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 3 · 2017-10-27 · Exercise / conversion · Acquired 15,625 · Balance 251,121 F1: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. |
| Common StockSEC Table I · non-derivative | Direct | 205,154 |
Reported balance
After 2017-10-27 transaction · row 4
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 4 · 2017-10-27 · Tax withholding · Disposed 45,967 · Balance 205,154 F3: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. |
| Common StockSEC Table I · non-derivative | Direct | 0 |
Reported balance
After 2017-10-27 transaction · row 5
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 5 · 2017-10-27 · Disposition to issuer · Disposed 205,154 · Balance 0 F4: Reflects disposition pursuant to the Agreement and Plan of Merger, dated as of May 23, 2017, by and among the Issuer (formerly Sonus Networks, Inc.), (i) Sonus Networks, Inc. (formerly Solstice Sapphire Investments, Inc.) ("Sonus Networks") and its wholly-owned subsidiaries and (ii) GENBAND Holdings Company ("GENBAND") and its two related holding companies such that, following the consummation of a series of merger transactions (collectively, the "Mergers"), both the Issuer and GENBAND became wholly-owned subsidiaries of Sonus Networks. In the Mergers, each share of Issuer Common Stock was exchanged for one share of common stock, par value $0.0001 per share, of Sonus Networks ("New Common Stock"). F5: The closing price of a share of Issuer Common Stock on October 27, 2017 (the last trading day prior to the effectiveness of the Mergers) was $8.14, and the closing price of a share of New Common Stock on October 30, 2017 (the first trading day following the effectiveness of the Mergers) was $8.39. |
| Performance-Based Restricted Stock Units (PSUs)SEC Table II · derivative / convertible security · Conversion / exercise price $0.00 | Direct | 0 |
Reported balance
After 2017-10-27 transaction · row 6
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 6 · 2017-10-27 · Exercise / conversion · Disposed 2,917 · Balance 0 F1: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F6: The 2015 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 120% of the remaining shares subject to the 2015 PSU Grant will vest into New Common Stock, if at all, on March 16, 2018. |
| Performance-Based Restricted Stock Units (PSUs)SEC Table II · derivative / convertible security · Conversion / exercise price $0.00 | Direct | 0 |
Reported balance
After 2017-10-27 transaction · row 7
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 7 · 2017-10-27 · Exercise / conversion · Disposed 6,250 · Balance 0 F1: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F7: The 2016 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-half of the remaining shares subject to the 2016 PSU Grant will vest into New Common Stock, if at all, on each of April 1, 2018 and April 1, 2019. |
| Performance-Based Restricted Stock Units (PSUs)SEC Table II · derivative / convertible security · Conversion / exercise price $0.00 | Direct | 0 |
Reported balance
After 2017-10-27 transaction · row 8
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 8 · 2017-10-27 · Exercise / conversion · Disposed 15,625 · Balance 0 F1: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F8: The 2017 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-third of the remaining shares subject to the 2017 PSU Grant will vest into New Common Stock, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020. |
Filing footnotes · ownership attribution and instrument terms
F1: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant.
F2: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4.
F3: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY.
F4: Reflects disposition pursuant to the Agreement and Plan of Merger, dated as of May 23, 2017, by and among the Issuer (formerly Sonus Networks, Inc.), (i) Sonus Networks, Inc. (formerly Solstice Sapphire Investments, Inc.) ("Sonus Networks") and its wholly-owned subsidiaries and (ii) GENBAND Holdings Company ("GENBAND") and its two related holding companies such that, following the consummation of a series of merger transactions (collectively, the "Mergers"), both the Issuer and GENBAND became wholly-owned subsidiaries of Sonus Networks. In the Mergers, each share of Issuer Common Stock was exchanged for one share of common stock, par value $0.0001 per share, of Sonus Networks ("New Common Stock").
F5: The closing price of a share of Issuer Common Stock on October 27, 2017 (the last trading day prior to the effectiveness of the Mergers) was $8.14, and the closing price of a share of New Common Stock on October 30, 2017 (the first trading day following the effectiveness of the Mergers) was $8.39.
F6: The 2015 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 120% of the remaining shares subject to the 2015 PSU Grant will vest into New Common Stock, if at all, on March 16, 2018.
F7: The 2016 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-half of the remaining shares subject to the 2016 PSU Grant will vest into New Common Stock, if at all, on each of April 1, 2018 and April 1, 2019.
F8: The 2017 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-third of the remaining shares subject to the 2017 PSU Grant will vest into New Common Stock, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020.
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| December 16, 2019 Filed Dec 18, 2019 17:26 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | SaleCommon Stock | 1,978 | $2.80 | $5,538.40 |
DisclosureSEC source: 0001708055-19-000052 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · Interim Co-CEO and President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 193,579 F2 · shares: 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. Read SEC document |
| December 16, 2019 Filed Dec 18, 2019 17:26 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionCommon Stock | 6,667 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001708055-19-000052 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · Interim Co-CEO and President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 195,557 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Restricted stock units convert into common stock on a one-for-one basis. Read SEC document |
| June 17, 2019 Filed Jun 19, 2019 17:59 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | GrantRestricted Stock Units (RSUs) · Derivative | 43,291 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-19-000006 · edgar.xml · derivative · entry 4 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 43,291 Underlying: Common Stock · 43,291 shares Expires not disclosed F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Ribbon Communications Inc. common stock. F4 · derivative.exercise_date: The restricted stock units vest over a three-year period as follows: one-third of the restricted stock units shall vest on June 17, 2020, and the remaining two-thirds of the restricted stock units shall vest in four equal, semi-annual installments thereafter through June 17, 2022. F4 · derivative.expiration_date: The restricted stock units vest over a three-year period as follows: one-third of the restricted stock units shall vest on June 17, 2020, and the remaining two-thirds of the restricted stock units shall vest in four equal, semi-annual installments thereafter through June 17, 2022. Read SEC document |
| June 17, 2019 Filed Jun 19, 2019 17:59 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionRestricted Stock Units (RSUs) · Derivative | 13,334 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-19-000006 · edgar.xml · derivative · entry 3 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 26,666 Underlying: Common Stock · 13,334 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Ribbon Communications Inc. common stock. F3 · derivative.exercise_date: 40,000 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, and the remaining two-thirds of the restricted stock units shall vest in four equal, semi-annual installments thereafter through June 15, 2021. F3 · derivative.expiration_date: 40,000 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, and the remaining two-thirds of the restricted stock units shall vest in four equal, semi-annual installments thereafter through June 15, 2021. Read SEC document |
| June 17, 2019 Filed Jun 19, 2019 17:59 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 3,945 | $4.70 | $18,541.50 |
DisclosureSEC source: 0001615890-19-000006 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 188,890 F2 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| June 17, 2019 Filed Jun 19, 2019 17:59 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionCommon Stock | 13,334 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-19-000006 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 192,835 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each restricted stock unit represents a contingent right to receive one share of Ribbon Communications Inc. common stock. Read SEC document |
| April 01, 2019 Filed Apr 2, 2019 16:25 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 3,198 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-19-000004 · edgar.xml · derivative · entry 3 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,010 Underlying: Common Stock · 3,198 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 61.40% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 31, 2017 for the 2018 performance period. Performance for this award during the award's 2018 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F3 · derivative.exercise_date: The PSUs have fully vested and accordingly have no expiration date F3 · derivative.expiration_date: The PSUs have fully vested and accordingly have no expiration date F1 · derivative.underlying_shares: Represents the vesting (at 61.40% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 31, 2017 for the 2018 performance period. Performance for this award during the award's 2018 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F4 · balance_after: Amount reflects the forfeiture of 2,010 PSUs of the aggregate amount granted on March 31, 2017 that failed to vest following the 2018 performance period based on the Issuer's performance for such 2018 performance period, as determined by the Compensation Committee of the Issuer's Board of Directors at the end of the applicable period. The original aggregate number of PSUs granted to the Reporting Person on March 31, 2017 was reported in Table II of Form 4 filed by the Reporting Person on April 4, 2017. Read SEC document |
| April 01, 2019 Filed Apr 2, 2019 16:25 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 1,419 | $5.15 | $7,307.85 |
DisclosureSEC source: 0001615890-19-000004 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 179,501 F2 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| April 01, 2019 Filed Apr 2, 2019 16:25 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionCommon Stock | 3,198 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-19-000004 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 180,920 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 61.40% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 31, 2017 for the 2018 performance period. Performance for this award during the award's 2018 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| March 15, 2019 Filed Mar 19, 2019 17:03 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | GrantPerformance-Based Restricted Stock Units (PSUs) · Derivative | 15,326 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-19-000002 · edgar.xml · derivative · entry 3 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 15,326 Underlying: Common Stock · 15,326 shares Expires 2021-12-31 F3 · derivative.exercise_price: Each PSU represents a contingent right to receive one share of the Issuer's Common Stock, based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the Russell 2500 Telecommunications Sub Sector Index, that were set by the Compensation Committee (the Compensation Committee) of the Issuer's Board of Directors. The aggregate number of shares issued may range from zero (0) shares to 200% of the target number of shares reported in columns 5, 7 and 9 of Table II. The number of PSUs reported in columns 5, 7 and 9 of Table II reflects achievement at the target level of performance. F4 · derivative.exercise_date: Between zero (0) and 200% of one-third of the PSUs will vest, if at all, as determined by the Compensation Committee after the TSR performance period, commencing on January 1, 2019 and ending on December 31, 2021. Read SEC document |
| March 15, 2019 Filed Mar 19, 2019 17:03 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 3,752 | $5.22 | $19,585.44 |
DisclosureSEC source: 0001615890-19-000002 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 177,722 F2 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| March 15, 2019 Filed Mar 19, 2019 17:03 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | GrantCommon Stock | 8,451 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-19-000002 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 181,474 F1 · shares: These shares of Common Stock were issued to Reporting Person pursuant to a voluntary election by Reporting Person in lieu of cash for a portion of the Reporting Person's 2018 annual bonus pursuant to the Issuer's Senior Management Cash Incentive Plan and such shares shall vest immediately upon grant. Read SEC document |
| October 01, 2018 Filed Oct 2, 2018 16:21 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 9,027 | $6.83 | $61,654.41 |
DisclosureSEC source: 0001615890-18-000014 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 173,023 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| August 16, 2018 Filed Aug 17, 2018 16:15 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 925 | $7.52 | $6,956.00 |
DisclosureSEC source: 0001615890-18-000012 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 182,050 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| June 15, 2018 Filed Jun 19, 2018 17:15 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | GrantRestricted Stock Units (RSUs) · Derivative | 40,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-18-000010 · edgar.xml · derivative · entry 1 Riley Kevin W. · CIK 0001615890 · EVP, CTO & Advanced R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 40,000 Underlying: Common Stock · 40,000 shares Expires not disclosed F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Ribbon Communications Inc. common stock. F2 · derivative.exercise_date: The restricted stock units vest over a three-year period as follows: one-third of the restricted stock units shall vest on June 15, 2019, and the remaining two-thirds of the restricted stock units shall vest in four equal, semi-annual installments thereafter through June 15, 2021. F2 · derivative.expiration_date: The restricted stock units vest over a three-year period as follows: one-third of the restricted stock units shall vest on June 15, 2019, and the remaining two-thirds of the restricted stock units shall vest in four equal, semi-annual installments thereafter through June 15, 2021. F1 · derivative.underlying_shares: Each restricted stock unit represents a contingent right to receive one share of Ribbon Communications Inc. common stock. Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 16:21 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 8,125 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-18-000008 · edgar.xml · derivative · entry 5 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 8,125 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · shares: Represents the vesting (at 130% of target) of Performance-Based Restricted Stock Units (PSUs) granted April 1, 2016 for the 2017 performance period. As a result of the achievement of 130%, which was above target, the Company increased the number of shares granted to the individual by 1,875 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F4 · derivative.exercise_date: The PSUs have fully vested and accordingly have no expiration date F4 · derivative.expiration_date: The PSUs have fully vested and accordingly have no expiration date F3 · derivative.underlying_shares: Represents the vesting (at 130% of target) of Performance-Based Restricted Stock Units (PSUs) granted April 1, 2016 for the 2017 performance period. As a result of the achievement of 130%, which was above target, the Company increased the number of shares granted to the individual by 1,875 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 16:21 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 13,542 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-18-000008 · edgar.xml · derivative · entry 4 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,208 Underlying: Common Stock · 13,542 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 130% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 31, 2017 for the 2017 performance period. As a result of the achievement of 130%, which was above target, the Company increased the number of shares granted to the individual by 3,125 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F2 · derivative.exercise_date: The remaining PSUs will vest on March 31, 2019 and accordingly have no expiration date. F2 · derivative.expiration_date: The remaining PSUs will vest on March 31, 2019 and accordingly have no expiration date. F1 · derivative.underlying_shares: Represents the vesting (at 130% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 31, 2017 for the 2017 performance period. As a result of the achievement of 130%, which was above target, the Company increased the number of shares granted to the individual by 3,125 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 16:21 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 27,688 | $5.10 | $141,208.80 |
DisclosureSEC source: 0001615890-18-000008 · edgar.xml · nonDerivative · entry 3 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 182,975 F5 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 16:21 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionCommon Stock | 8,125 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-18-000008 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 210,663 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · shares: Represents the vesting (at 130% of target) of Performance-Based Restricted Stock Units (PSUs) granted April 1, 2016 for the 2017 performance period. As a result of the achievement of 130%, which was above target, the Company increased the number of shares granted to the individual by 1,875 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 16:21 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionCommon Stock | 13,542 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-18-000008 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 202,538 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 130% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 31, 2017 for the 2017 performance period. As a result of the achievement of 130%, which was above target, the Company increased the number of shares granted to the individual by 3,125 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| March 16, 2018 Filed Mar 20, 2018 16:12 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 3,267 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-18-000006 · edgar.xml · derivative · entry 3 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 3,267 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 112% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 16, 2015 for the 2017 performance period. As a result of the achievement of 112%, which was above target, the Company increased the number of shares granted to the individual by 350 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F2 · derivative.exercise_date: The PSUs have fully vested and accordingly have no expiration date. F2 · derivative.expiration_date: The PSUs have fully vested and accordingly have no expiration date. F1 · derivative.underlying_shares: Represents the vesting (at 112% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 16, 2015 for the 2017 performance period. As a result of the achievement of 112%, which was above target, the Company increased the number of shares granted to the individual by 350 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| March 16, 2018 Filed Mar 20, 2018 16:12 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 3,955 | $5.12 | $20,249.60 |
DisclosureSEC source: 0001615890-18-000006 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 188,996 F3 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| March 16, 2018 Filed Mar 20, 2018 16:12 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Exercise / conversionCommon Stock | 3,267 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-18-000006 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 192,951 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 112% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 16, 2015 for the 2017 performance period. As a result of the achievement of 112%, which was above target, the Company increased the number of shares granted to the individual by 350 shares, or the above-target amount, to account for such achievement.Performance for this award during the award's 2017 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| March 14, 2018 Filed Mar 16, 2018 16:56 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | SaleCommon Stock | 13,398 | $5.15 | $69,026.50 |
DisclosureSEC source: 0001615890-18-000004 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 189,684 Read SEC document |
| February 16, 2018 Filed Feb 20, 2018 16:38 UTC | Ribbon Communications Inc. RBBN · Entity 5785 | Tax withholdingCommon Stock | 2,072 | $7.04 | $14,586.88 |
DisclosureSEC source: 0001615890-18-000002 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · CTO & EVP Growth R&D 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 203,082 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 15,625 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · derivative · entry 8 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 15,625 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F8 · derivative.exercise_date: The 2017 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-third of the remaining shares subject to the 2017 PSU Grant will vest into New Common Stock, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020. F8 · derivative.expiration_date: The 2017 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-third of the remaining shares subject to the 2017 PSU Grant will vest into New Common Stock, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020. F1 · derivative.underlying_shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · derivative.underlying_shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F8 · balance_after: The 2017 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-third of the remaining shares subject to the 2017 PSU Grant will vest into New Common Stock, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 6,250 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · derivative · entry 7 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common STock · 6,250 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F7 · derivative.exercise_date: The 2016 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-half of the remaining shares subject to the 2016 PSU Grant will vest into New Common Stock, if at all, on each of April 1, 2018 and April 1, 2019. F7 · derivative.expiration_date: The 2016 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-half of the remaining shares subject to the 2016 PSU Grant will vest into New Common Stock, if at all, on each of April 1, 2018 and April 1, 2019. F1 · derivative.underlying_shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · derivative.underlying_shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F7 · balance_after: The 2016 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 200% of one-half of the remaining shares subject to the 2016 PSU Grant will vest into New Common Stock, if at all, on each of April 1, 2018 and April 1, 2019. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 2,917 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · derivative · entry 6 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 2,917 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F6 · derivative.exercise_date: The 2015 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 120% of the remaining shares subject to the 2015 PSU Grant will vest into New Common Stock, if at all, on March 16, 2018. F6 · derivative.expiration_date: The 2015 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 120% of the remaining shares subject to the 2015 PSU Grant will vest into New Common Stock, if at all, on March 16, 2018. F1 · derivative.underlying_shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · derivative.underlying_shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. F6 · balance_after: The 2015 PSU Grant was assumed by Sonus Networks in connection with the Mergers. Between zero percent (0%) and 120% of the remaining shares subject to the 2015 PSU Grant will vest into New Common Stock, if at all, on March 16, 2018. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Disposition to issuerCommon Stock | 205,154 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · nonDerivative · entry 5 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F4 · balance_after: Reflects disposition pursuant to the Agreement and Plan of Merger, dated as of May 23, 2017, by and among the Issuer (formerly Sonus Networks, Inc.), (i) Sonus Networks, Inc. (formerly Solstice Sapphire Investments, Inc.) ("Sonus Networks") and its wholly-owned subsidiaries and (ii) GENBAND Holdings Company ("GENBAND") and its two related holding companies such that, following the consummation of a series of merger transactions (collectively, the "Mergers"), both the Issuer and GENBAND became wholly-owned subsidiaries of Sonus Networks. In the Mergers, each share of Issuer Common Stock was exchanged for one share of common stock, par value $0.0001 per share, of Sonus Networks ("New Common Stock"). F5 · balance_after: The closing price of a share of Issuer Common Stock on October 27, 2017 (the last trading day prior to the effectiveness of the Mergers) was $8.14, and the closing price of a share of New Common Stock on October 30, 2017 (the first trading day following the effectiveness of the Mergers) was $8.39. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 45,967 | $8.36 | $384,284.12 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · nonDerivative · entry 4 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 205,154 F3 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionCommon Stock | 15,625 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · nonDerivative · entry 3 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 251,121 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionCommon Stock | 6,250 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 235,496 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. Read SEC document |
| October 27, 2017 Filed Oct 31, 2017 18:23 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionCommon Stock | 2,917 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000014 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 229,246 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the aggregate number of shares of Common Stock for which vesting accelerated on October 27, 2017 under the Performance-Based Restricted Stock Units ("PSUs") granted to the Reporting Person on each of March 16, 2015 (the "2015 PSU Grant"), April 1, 2016 (the "2016 PSU Grant") and March 31, 2017 (the "2017 PSU Grant", and together with the 2015 PSU Grant and 2016 PSU Grant, the "PSU Grants"). Pursuant to the terms of the PSU Grants, 50% of the total shares remaining under the PSUs accelerated immediately upon the closing of the Mergers (as defined in Footnotes 4 and 5 to this Form 4) and, as directed by the Compensation Committee of the Issuer's Board of Directors on May 22, 2017, vested at target. The original aggregate number of PSUs granted to the Reporting Person under the PSU Grants were reported in Table II of the applicable Form 4s filed by the Reporting Person in connection with each such grant. F2 · shares: In addition, of the 24,792 total shares of Common Stock that vested under the PSU Grants following the closing of the Mergers, the Reporting Person delivered 11,675 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 3 to this Form 4. Read SEC document |
| October 02, 2017 Filed Oct 3, 2017 16:08 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 3,046 | $7.65 | $23,301.90 |
DisclosureSEC source: 0001615890-17-000012 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 226,329 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| September 18, 2017 Filed Sep 19, 2017 16:27 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 3,249 | $7.09 | $23,035.41 |
DisclosureSEC source: 0001615890-17-000010 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 229,375 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| August 16, 2017 Filed Aug 17, 2017 16:09 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 1,354 | $6.83 | $9,247.82 |
DisclosureSEC source: 0001615890-17-000008 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 232,624 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| April 03, 2017 Filed Apr 4, 2017 16:18 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 4,750 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000006 · edgar.xml · derivative · entry 5 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,500 Underlying: Common Stock · 4,750 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · shares: Represents the number of shares of Common Stock that vested for the 2016 performance period in connection with the 18,750 PSUs granted to the Reporting Person on April 1, 2016. As described in the Form 4 filed by the Reporting Person on April 5, 2016, between zero (0) and 200% of 6,250 PSUs were eligible to vest to the Reporting Person on April 1, 2017 for the 2016 performance period. Of this amount, 4,750 shares of Common Stock actually vested to the Reporting Person, representing vesting at 76.0% of target for the 2016 performance period. Performance for this award during the award's 2016 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F5 · shares: As a result of achievement at 76.0% of target based on the Issuer's performance for the 2016 performance period, the Reporting Person forfeited 1,500 shares. In addition, of the 4,750 total shares of Common Stock that vested for the 2016 performance period, the Reporting Person delivered 1,543 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 8 to this Form 4. F6 · derivative.exercise_date: Between zero (0) and 200% of one half of the remaining PSUs will vest, if at all, on each of April 1, 2018 and April 1, 2019. F6 · derivative.expiration_date: Between zero (0) and 200% of one half of the remaining PSUs will vest, if at all, on each of April 1, 2018 and April 1, 2019. F4 · derivative.underlying_shares: Represents the number of shares of Common Stock that vested for the 2016 performance period in connection with the 18,750 PSUs granted to the Reporting Person on April 1, 2016. As described in the Form 4 filed by the Reporting Person on April 5, 2016, between zero (0) and 200% of 6,250 PSUs were eligible to vest to the Reporting Person on April 1, 2017 for the 2016 performance period. Of this amount, 4,750 shares of Common Stock actually vested to the Reporting Person, representing vesting at 76.0% of target for the 2016 performance period. Performance for this award during the award's 2016 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F5 · derivative.underlying_shares: As a result of achievement at 76.0% of target based on the Issuer's performance for the 2016 performance period, the Reporting Person forfeited 1,500 shares. In addition, of the 4,750 total shares of Common Stock that vested for the 2016 performance period, the Reporting Person delivered 1,543 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 8 to this Form 4. F7 · balance_after: Amount reflects the forfeiture of 1,500 PSUs of the aggregate amount granted on April 1, 2016 that failed to vest following the 2016 performance period based on the Issuer's performance for such 2016 performance period as determined by the Compensation Committee of the Issuer's Board of Directors at the end of the 2016 performance period. The original aggregate number of PSUs granted to the Reporting Person on April 1, 2016 was reported in Table II of Form 4 filed by the Reporting Person on April 5, 2016. Read SEC document |
| April 03, 2017 Filed Apr 4, 2017 16:18 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 7,637 | $6.59 | $50,327.83 |
DisclosureSEC source: 0001615890-17-000006 · edgar.xml · nonDerivative · entry 3 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 233,978 F8 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| April 03, 2017 Filed Apr 4, 2017 16:18 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionCommon Stock | 4,750 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000006 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 241,615 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · shares: Represents the number of shares of Common Stock that vested for the 2016 performance period in connection with the 18,750 PSUs granted to the Reporting Person on April 1, 2016. As described in the Form 4 filed by the Reporting Person on April 5, 2016, between zero (0) and 200% of 6,250 PSUs were eligible to vest to the Reporting Person on April 1, 2017 for the 2016 performance period. Of this amount, 4,750 shares of Common Stock actually vested to the Reporting Person, representing vesting at 76.0% of target for the 2016 performance period. Performance for this award during the award's 2016 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F5 · shares: As a result of achievement at 76.0% of target based on the Issuer's performance for the 2016 performance period, the Reporting Person forfeited 1,500 shares. In addition, of the 4,750 total shares of Common Stock that vested for the 2016 performance period, the Reporting Person delivered 1,543 shares to the Issuer for payment of tax liability incident to the vesting of a security, as detailed in Footnote 8 to this Form 4. Read SEC document |
| March 31, 2017 Filed Apr 4, 2017 16:18 UTC | Sonus, Inc. SONS · Entity 172242 | GrantPerformance-Based Restricted Stock Units (PSUs) · Derivative | 31,250 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000006 · edgar.xml · derivative · entry 4 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 31,250 Underlying: Common Stock · 31,250 shares Expires not disclosed F2 · shares: Each PSU represents a contingent right to receive one share of the Issuer's Common Stock, based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. The aggregate number of shares issued may range from zero (0) shares to 120% of the target number of shares reported in columns 7 and 9 of this report. F3 · derivative.exercise_date: Between zero (0) and 200% of one-third of the PSUs will vest, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020. F3 · derivative.expiration_date: Between zero (0) and 200% of one-third of the PSUs will vest, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020. F2 · derivative.underlying_shares: Each PSU represents a contingent right to receive one share of the Issuer's Common Stock, based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. The aggregate number of shares issued may range from zero (0) shares to 120% of the target number of shares reported in columns 7 and 9 of this report. F2 · balance_after: Each PSU represents a contingent right to receive one share of the Issuer's Common Stock, based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. The aggregate number of shares issued may range from zero (0) shares to 120% of the target number of shares reported in columns 7 and 9 of this report. Read SEC document |
| March 31, 2017 Filed Apr 4, 2017 16:18 UTC | Sonus, Inc. SONS · Entity 172242 | GrantCommon Stock | 93,750 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000006 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 236,865 F1 · shares: These are restricted shares of Common Stock that vest over a three-year period as follows: one-third of the shares shall vest on March 31, 2018, and the remaining two-thirds of the shares shall vest in four equal increments semi-annually thereafter through March 31, 2020. Read SEC document |
| March 16, 2017 Filed Mar 20, 2017 16:57 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionPerformance-Based Restricted Stock Units (PSUs) · Derivative | 5,273 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000004 · edgar.xml · derivative · entry 3 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,834 Underlying: Common Stock · 5,273 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 90.4% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 16, 2015 for the 2016 performance period. Performance for this award during the award's 2016 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F3 · derivative.exercise_date: The remaining PSUs will vest, if at all, on March 16, 2018. F3 · derivative.expiration_date: The remaining PSUs will vest, if at all, on March 16, 2018. F1 · derivative.underlying_shares: Represents the vesting (at 90.4% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 16, 2015 for the 2016 performance period. Performance for this award during the award's 2016 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. F4 · balance_after: Amount reflects the forfeiture of (i) 5,833 PSUs of the aggregate amount granted on March 16, 2015 that failed to vest following the 2015 performance period based on the Issuer's performance for such 2015 performance period, and (ii) 560 PSUs of the aggregate amount granted on March 16, 2015 that failed to vest following the 2016 performance period based on the Issuer's performance for such 2016 performance period, each as determined by the Compensation Committee of the Issuer's Board of Directors at the end of the applicable performance period. The original aggregate number of PSUs granted to the Reporting Person on March 16, 2015 was reported in Table II of Form 4 filed by the Reporting Person on March 17, 2015. Read SEC document |
| March 16, 2017 Filed Mar 20, 2017 16:57 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 4,962 | $6.62 | $32,848.44 |
DisclosureSEC source: 0001615890-17-000004 · edgar.xml · nonDerivative · entry 2 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 143,115 F2 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| March 16, 2017 Filed Mar 20, 2017 16:57 UTC | Sonus, Inc. SONS · Entity 172242 | Exercise / conversionCommon Stock | 5,273 | $0.00 | $0.00 |
DisclosureSEC source: 0001615890-17-000004 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 148,077 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents the vesting (at 90.4% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 16, 2015 for the 2016 performance period. Performance for this award during the award's 2016 performance period was measured based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. Read SEC document |
| February 16, 2017 Filed Feb 17, 2017 16:26 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 3,150 | $6.29 | $19,813.50 |
DisclosureSEC source: 0001615890-17-000002 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 142,804 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
| September 16, 2016 Filed Sep 19, 2016 16:20 UTC | Sonus, Inc. SONS · Entity 172242 | Tax withholdingCommon Stock | 3,249 | $8.70 | $28,266.30 |
DisclosureSEC source: 0001615890-16-000014 · edgar.xml · nonDerivative · entry 1 Riley Kevin W. · CIK 0001615890 · SVP Engineering & CTO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 145,954 F1 · shares: PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.