MACKEN PATRICK W (EVP, CLO & Corp. Sec.) exercised options at RIBBON COMMUNICATIONS INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/19/2023ACC: 0001062993-23-018275
Officer· EVP, CLO & Corp. Sec.
Since Jun 2020
-2.44K
Net shares
Net seller
$6.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
7.96K acquired · 10.40K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+7.96K
Price / share
—
Trade value
—
% of position
4.9%
9/15/2023
163.57K→171.53K
Common Stock
Direct
Shares
−2.44K
Price / share
$2.83
Trade value
$6.89K
% of position
1.4%
9/15/2023
171.53K→169.09K
Total
Net shares
+5.53K
Net value
-$6.89K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/15/2023 | M · Option Exercise | +7.96K | — | — | 4.9% | 163.57K | 171.53K |
| Common Stock Direct | 9/15/2023 | F · Tax Withholding | −2.44K | $2.83 | $6.89K | 1.4% | 171.53K | 169.09K |
| Total | +5.53K | -$6.89K | ||||||
Derivative Transactions1
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
7.96K shares
Shares
−7.96K
Strike price
Held after
7.96K
Exercisable
—
9/15/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock7.96K shares | 9/15/2023 | M · Option Exercise | −7.96K | — | 7.96K |