MCCLELLAND BRUCE WILLIAM (President & CEO) 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: 10/21/2024ACC: 0001062993-24-017817
DirectorOfficer· President & CEO
Since Mar 2020
-13.54K
Net shares
Net seller
$45.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
34.42K acquired · 47.97K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+34.42K
Price / share
—
Trade value
—
% of position
2.7%
10/17/2024
1.28M→1.32M
Common Stock
Direct
Shares
−13.54K
Price / share
$3.38
Trade value
$45.78K
% of position
1.0%
10/17/2024
1.32M→1.30M
Total
Net shares
+20.88K
Net value
-$45.78K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/17/2024 | M · Option Exercise | +34.42K | — | — | 2.7% | 1.28M | 1.32M |
| Common Stock Direct | 10/17/2024 | F · Tax Withholding | −13.54K | $3.38 | $45.78K | 1.0% | 1.32M | 1.30M |
| Total | +20.88K | -$45.78K | ||||||
Derivative Transactions1
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
34.42K shares
Shares
−34.42K
Strike price
Held after
103.26K
Exercisable
—
10/17/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock34.42K shares | 10/17/2024 | M · Option Exercise | −34.42K | — | 103.26K |