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 · 2 exercises
Filed: 10/21/2024ACC: 0001062993-24-017820
Officer· EVP GM Packet Optical Networks
Since Sep 2020
-28.12K
Net shares
Net seller
$97.6K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
52.52K acquired · 80.64K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+25.82K
Price / share
—
Trade value
—
% of position
8.1%
10/17/2024
320.34K→346.15K
Common Stock
Direct
Shares
−13.82K
Price / share
$3.38
Trade value
$46.71K
% of position
4.0%
10/17/2024
346.15K→332.33K
Common Stock
Direct
Shares
+26.71K
Price / share
—
Trade value
—
% of position
8.0%
10/18/2024
332.33K→359.04K
Common Stock
Direct
Shares
−14.30K
Price / share
$3.56
Trade value
$50.90K
% of position
4.0%
10/18/2024
359.08K→344.79K
Total
Net shares
+24.41K
Net value
-$97.61K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/17/2024 | M · Option Exercise | +25.82K | — | — | 8.1% | 320.34K | 346.15K |
| Common Stock Direct | 10/17/2024 | F · Tax Withholding | −13.82K | $3.38 | $46.71K | 4.0% | 346.15K | 332.33K |
| Common Stock Direct | 10/18/2024 | M · Option Exercise | +26.71K | — | — | 8.0% | 332.33K | 359.04K |
| Common Stock Direct | 10/18/2024 | F · Tax Withholding | −14.30K | $3.56 | $50.90K | 4.0% | 359.08K | 344.79K |
| Total | +24.41K | -$97.61K | ||||||
Derivative Transactions2
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
25.82K shares
Shares
−25.82K
Strike price
Held after
77.45K
Exercisable
—
10/17/2024
RSUs
Direct
Converts to
Common Stock
26.71K shares
Shares
−26.71K
Strike price
Held after
26.71K
Exercisable
—
10/18/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock25.82K shares | 10/17/2024 | M · Option Exercise | −25.82K | — | 77.45K | |
| RSUs Direct | Common Stock26.71K shares | 10/18/2024 | M · Option Exercise | −26.71K | — | 26.71K |