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 · 2 exercises
Filed: 3/18/2024ACC: 0001062993-24-006577
Officer· EVP, CLO & Corp. Sec.
Since Jun 2020
-3.73K
Net shares
Net seller
$10.6K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
11.02K acquired · 14.76K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+7.96K
Price / share
—
Trade value
—
% of position
4.9%
3/15/2024
161.95K→169.91K
Common Stock
Direct
Shares
+3.06K
Price / share
—
Trade value
—
% of position
1.8%
3/15/2024
169.91K→172.97K
Common Stock
Direct
Shares
−3.73K
Price / share
$2.83
Trade value
$10.57K
% of position
2.2%
3/15/2024
172.97K→169.24K
Total
Net shares
+7.29K
Net value
-$10.57K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/15/2024 | M · Option Exercise | +7.96K | — | — | 4.9% | 161.95K | 169.91K |
| Common Stock Direct | 3/15/2024 | M · Option Exercise | +3.06K | — | — | 1.8% | 169.91K | 172.97K |
| Common Stock Direct | 3/15/2024 | F · Tax Withholding | −3.73K | $2.83 | $10.57K | 2.2% | 172.97K | 169.24K |
| Total | +7.29K | -$10.57K | ||||||
Derivative Transactions2
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
7.96K shares
Shares
−7.96K
Strike price
Held after
0.00
Exercisable
—
3/15/2024
Performance Stock Units (PSUs)
Direct
Converts to
Common Stock
3.06K shares
Shares
−3.06K
Strike price
Held after
0.00
Exercisable
—
3/15/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock7.96K shares | 3/15/2024 | M · Option Exercise | −7.96K | — | 0.00 | |
| Performance Stock Units (PSUs) Direct | Common Stock3.06K shares | 3/15/2024 | M · Option Exercise | −3.06K | — | 0.00 |