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: 10/23/2023ACC: 0001062993-23-019612
Officer· EVP, CLO & Corp. Sec.
Since Jun 2020
-8.11K
Net shares
Net seller
$17.4K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
21.37K acquired · 29.48K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+21.37K
Price / share
—
Trade value
—
% of position
12.6%
10/18/2023
169.09K→190.46K
Common Stock
Direct
Shares
−8.11K
Price / share
$2.15
Trade value
$17.44K
% of position
4.3%
10/18/2023
190.46K→182.35K
Total
Net shares
+13.25K
Net value
-$17.44K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/18/2023 | M · Option Exercise | +21.37K | — | — | 12.6% | 169.09K | 190.46K |
| Common Stock Direct | 10/18/2023 | F · Tax Withholding | −8.11K | $2.15 | $17.44K | 4.3% | 190.46K | 182.35K |
| Total | +13.25K | -$17.44K | ||||||
Derivative Transactions1
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
21.37K shares
Shares
−21.37K
Strike price
Held after
64.10K
Exercisable
—
10/18/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock21.37K shares | 10/18/2023 | M · Option Exercise | −21.37K | — | 64.10K |