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.
Common Stock
Shares
+44.83K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−20.08K
Price / share
$3.62
Trade value
$72.70K
% of position
Net shares
+24.75K
Net value
-$72.70K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/16/2025 | M · Option Exercise | +44.83K | — | — | 14.6% | 307.40K | 352.23K |
| Common Stock Direct | 5/16/2025 | F · Tax Withholding | −20.08K | $3.62 | $72.70K | 5.7% | 352.23K | 332.15K |
| Total | +24.75K | -$72.70K | ||||||
Restricted Stock Units (RSUs)
Common Stock
78.13K shares
Shares
+162.50K
Strike price
Held after
162.50K
Exercisable
—
RSUs
Common Stock
89.66K shares
Shares
+89.66K
Strike price
Held after
89.66K
Exercisable
—
Performance-Based RSUs (PSUs)
Common Stock
97.50K shares
Shares
+97.50K
Strike price
Held after
97.50K
Exercisable
—
PSUs
Common Stock
65K shares
Shares
+65K
Strike price
Held after
65K
Exercisable
—
PSUs
Common Stock
51.56K shares
Shares
+51.56K
Strike price
Held after
51.56K
Exercisable
—
RSUs
Common Stock
44.83K shares
Shares
−44.83K
Strike price
Held after
0.00
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock78.13K shares | 5/15/2025 | A · Award | +162.50K | — | 162.50K | |
| RSUs Direct | Common Stock89.66K shares | 5/15/2025 | A · Award | +89.66K | — | 89.66K | |
| Performance-Based RSUs (PSUs) Direct | Common Stock97.50K shares | 5/15/2025 | A · Award | +97.50K | — | 97.50K | |
| PSUs Direct | Common Stock65K shares | 5/15/2025 | A · Award | +65K | — | 65K | |
| PSUs Direct | Common Stock51.56K shares | 5/15/2025 | A · Award | +51.56K | — | 51.56K | |
| RSUs Direct | Common Stock44.83K shares | 5/16/2025 | M · Option Exercise | −44.83K | — | 0.00 |