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: 10/21/2024ACC: 0001062993-24-017819
Officer· EVP, CLO & Corp. Sec.
Since Jun 2020
-18.82K
Net shares
Net seller
$65.3K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
42.02K acquired · 60.84K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+20.65K
Price / share
—
Trade value
—
% of position
9.3%
10/17/2024
220.98K→241.64K
Common Stock
Direct
Shares
−9.25K
Price / share
$3.38
Trade value
$31.27K
% of position
3.8%
10/17/2024
241.64K→232.38K
Common Stock
Direct
Shares
+21.37K
Price / share
—
Trade value
—
% of position
9.2%
10/18/2024
232.38K→253.75K
Common Stock
Direct
Shares
−9.57K
Price / share
$3.56
Trade value
$34.08K
% of position
3.8%
10/18/2024
253.75K→244.18K
Total
Net shares
+23.20K
Net value
-$65.35K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/17/2024 | M · Option Exercise | +20.65K | — | — | 9.3% | 220.98K | 241.64K |
| Common Stock Direct | 10/17/2024 | F · Tax Withholding | −9.25K | $3.38 | $31.27K | 3.8% | 241.64K | 232.38K |
| Common Stock Direct | 10/18/2024 | M · Option Exercise | +21.37K | — | — | 9.2% | 232.38K | 253.75K |
| Common Stock Direct | 10/18/2024 | F · Tax Withholding | −9.57K | $3.56 | $34.08K | 3.8% | 253.75K | 244.18K |
| Total | +23.20K | -$65.35K | ||||||
Derivative Transactions2
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
20.65K shares
Shares
−20.65K
Strike price
Held after
61.96K
Exercisable
—
10/17/2024
RSUs
Direct
Converts to
Common Stock
21.37K shares
Shares
−21.37K
Strike price
Held after
21.37K
Exercisable
—
10/18/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock20.65K shares | 10/17/2024 | M · Option Exercise | −20.65K | — | 61.96K | |
| RSUs Direct | Common Stock21.37K shares | 10/18/2024 | M · Option Exercise | −21.37K | — | 21.37K |