BUCCI SAM (EVP GM Packet Optical Networks) exercised options at RIBBON COMMUNICATIONS INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

BUCCI SAM

Filed: 4/19/2024ACC: 0001062993-24-008600

InsiderBUCCI SAMCIK 1824854

→

IssuerRIBBON COMMUNICATIONS INC.CIK 1708055

Officer· EVP GM Packet Optical Networks

Since Sep 2020

-54.65K

Net shares

Net seller

$142.1K

Total sold

Open market trades

0B · 0S

Total transactions

104.06K acquired · 158.71K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+51.63K

Price / share

—

Trade value

—

% of position

19.1%

4/17/2024

270.92K→322.55K

Common Stock

Direct

M · Option Exercise

+25.72K

Price / share

—

Trade value

—

% of position

8.0%

4/17/2024

322.55K→348.27K

Common Stock

Direct

F · Tax Withholding

−40.35K

Price / share

$2.61

Trade value

$105.31K

% of position

11.6%

4/17/2024

348.27K→307.93K

Common Stock

Direct

M · Option Exercise

+26.71K

Price / share

—

Trade value

—

% of position

8.7%

4/18/2024

307.93K→334.63K

Common Stock

Direct

F · Tax Withholding

−14.30K

Price / share

$2.57

Trade value

$36.74K

% of position

4.3%

4/18/2024

334.63K→320.34K

Total

Net shares

+49.42K

Net value

-$142.05K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/17/2024	M · Option Exercise	+51.63K	—	—	19.1%	270.92K	322.55K
Common Stock Direct	4/17/2024	M · Option Exercise	+25.72K	—	—	8.0%	322.55K	348.27K
Common Stock Direct	4/17/2024	F · Tax Withholding	−40.35K	$2.61	$105.31K	11.6%	348.27K	307.93K
Common Stock Direct	4/18/2024	M · Option Exercise	+26.71K	—	—	8.7%	307.93K	334.63K
Common Stock Direct	4/18/2024	F · Tax Withholding	−14.30K	$2.57	$36.74K	4.3%	334.63K	320.34K
Total			+49.42K		-$142.05K

Derivative Transactions3

Restricted Stock Units (RSUs)

Direct

M · Option Exercise

Converts to

Common Stock

51.63K shares

−51.63K

Strike price

Held after

103.26K

Exercisable

—

4/17/2024

Performance Share Units (PSUs)

Direct

M · Option Exercise

Converts to

Common Stock

25.72K shares

−25.72K

Strike price

Held after

0.00

Exercisable

—

4/17/2024

RSUs

Direct

M · Option Exercise

Converts to

Common Stock

26.71K shares

−26.71K

Strike price

Held after

53.42K

Exercisable

—

4/18/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units (RSUs) Direct	Common Stock51.63K shares	4/17/2024	M · Option Exercise	−51.63K	—	103.26K
Performance Share Units (PSUs) Direct	Common Stock25.72K shares	4/17/2024	M · Option Exercise	−25.72K	—	0.00
RSUs Direct	Common Stock26.71K shares	4/18/2024	M · Option Exercise	−26.71K	—	53.42K