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: 1/19/2024ACC: 0001062993-24-001092
Officer· EVP, CLO & Corp. Sec.
Since Jun 2020
-19.29K
Net shares
Net seller
$54.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
40.98K acquired · 60.27K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+40.98K
Price / share
—
Trade value
—
% of position
22.5%
1/18/2024
182.35K→223.33K
Common Stock
Direct
Shares
−19.29K
Price / share
$2.84
Trade value
$54.78K
% of position
8.6%
1/18/2024
223.33K→204.04K
Total
Net shares
+21.69K
Net value
-$54.78K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/18/2024 | M · Option Exercise | +40.98K | — | — | 22.5% | 182.35K | 223.33K |
| Common Stock Direct | 1/18/2024 | F · Tax Withholding | −19.29K | $2.84 | $54.78K | 8.6% | 223.33K | 204.04K |
| Total | +21.69K | -$54.78K | ||||||
Derivative Transactions1
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
40.98K shares
Shares
−40.98K
Strike price
Held after
0.00
Exercisable
—
1/18/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock40.98K shares | 1/18/2024 | M · Option Exercise | −40.98K | — | 0.00 |