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
+20.65K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−9.25K
Price / share
$2.71
Trade value
$25.07K
% of position
Common Stock
Shares
+34.20K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−15.32K
Price / share
$2.71
Trade value
$41.52K
% of position
Common Stock
Shares
+64.44K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−28.87K
Price / share
$2.71
Trade value
$78.23K
% of position
Common Stock
Shares
+32.79K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−14.69K
Price / share
$2.63
Trade value
$38.63K
% of position
Common Stock
Shares
+44.83K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−20.28K
Price / share
$2.63
Trade value
$53.35K
% of position
Common Stock
Shares
+54.17K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−24.27K
Price / share
$2.63
Trade value
$63.82K
% of position
Net shares
+138.40K
Net value
-$300.63K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/17/2026 | M · Option Exercise | +20.65K | — | — | 6.0% | 343.55K | 364.20K |
| Common Stock Direct | 4/17/2026 | F · Tax Withholding | −9.25K | $2.71 | $25.07K | 2.5% | 364.20K | 354.95K |
| Common Stock Direct | 4/17/2026 | M · Option Exercise | +34.20K | — | — | 9.6% | 354.95K | 389.15K |
| Common Stock Direct | 4/17/2026 | F · Tax Withholding | −15.32K | $2.71 | $41.52K | 3.9% | 389.15K | 373.83K |
| Common Stock Direct | 4/17/2026 | M · Option Exercise | +64.44K | — | — | 17.2% | 373.83K | 438.26K |
| Common Stock Direct | 4/17/2026 | F · Tax Withholding | −28.87K | $2.71 | $78.23K | 6.6% | 438.26K | 409.40K |
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +32.79K | — | — | 8.0% | 409.40K | 442.19K |
| Common Stock Direct | 5/15/2026 | F · Tax Withholding | −14.69K | $2.63 | $38.63K | 3.3% | 442.19K | 427.50K |
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +44.83K | — | — | 10.5% | 427.50K | 472.33K |
| Common Stock Direct | 5/15/2026 | F · Tax Withholding | −20.28K | $2.63 | $53.35K | 4.3% | 472.53K | 452.25K |
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +54.17K | — | — | 12.0% | 451.98K | 506.14K |
| Common Stock Direct | 5/15/2026 | F · Tax Withholding | −24.27K | $2.63 | $63.82K | 4.8% | 506.41K | 482.15K |
| Total | +138.40K | -$300.63K | ||||||
Restricted Share Units (RSUs)
Common Stock
20.65K shares
Shares
−20.65K
Strike price
Held after
0.00
Exercisable
—
Performance Share Units (PSUs)
Common Stock
34.20K shares
Shares
−34.20K
Strike price
Held after
0.00
Exercisable
—
PSUs
Common Stock
64.44K shares
Shares
−64.44K
Strike price
Held after
0.00
Exercisable
—
PSUs
Common Stock
32.79K shares
Shares
−32.79K
Strike price
Held after
0.00
Exercisable
—
RSUs
Common Stock
44.83K shares
Shares
−44.83K
Strike price
Held after
44.83K
Exercisable
—
RSUs
Common Stock
54.17K shares
Shares
−54.17K
Strike price
Held after
108.33K
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Share Units (RSUs) Direct | Common Stock20.65K shares | 4/17/2026 | M · Option Exercise | −20.65K | — | 0.00 | |
| Performance Share Units (PSUs) Direct | Common Stock34.20K shares | 4/17/2026 | M · Option Exercise | −34.20K | — | 0.00 | |
| PSUs Direct | Common Stock64.44K shares | 4/17/2026 | M · Option Exercise | −64.44K | — | 0.00 | |
| PSUs Direct | Common Stock32.79K shares | 5/15/2026 | M · Option Exercise | −32.79K | — | 0.00 | |
| RSUs Direct | Common Stock44.83K shares | 5/15/2026 | M · Option Exercise | −44.83K | — | 44.83K | |
| RSUs Direct | Common Stock54.17K shares | 5/15/2026 | M · Option Exercise | −54.17K | — | 108.33K |