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.
Common Stock
Shares
+34.42K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−13.54K
Price / share
$2.71
Trade value
$36.70K
% of position
Common Stock
Shares
+57K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−22.43K
Price / share
$2.71
Trade value
$60.78K
% of position
Common Stock
Shares
+107.39K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−42.26K
Price / share
$2.71
Trade value
$114.52K
% of position
Common Stock
Shares
+173.59K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−68.31K
Price / share
$2.63
Trade value
$179.65K
% of position
Common Stock
Shares
+237.34K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−93.39K
Price / share
$2.63
Trade value
$245.63K
% of position
Common Stock
Shares
+125K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−49.19K
Price / share
$2.63
Trade value
$129.36K
% of position
Common Stock
Shares
+1.56M
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−614.84K
Price / share
$2.63
Trade value
$1.62M
% of position
Net shares
+1.39M
Net value
-$2.38M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/17/2026 | M · Option Exercise | +34.42K | — | — | 2.3% | 1.52M | 1.55M |
| Common Stock Direct | 4/17/2026 | F · Tax Withholding | −13.54K | $2.71 | $36.70K | 0.9% | 1.55M | 1.54M |
| Common Stock Direct | 4/17/2026 | M · Option Exercise | +57K | — | — | 3.7% | 1.54M | 1.59M |
| Common Stock Direct | 4/17/2026 | F · Tax Withholding | −22.43K | $2.71 | $60.78K | 1.4% | 1.59M | 1.57M |
| Common Stock Direct | 4/17/2026 | M · Option Exercise | +107.39K | — | — | 6.8% | 1.57M | 1.68M |
| Common Stock Direct | 4/17/2026 | F · Tax Withholding | −42.26K | $2.71 | $114.52K | 2.5% | 1.68M | 1.64M |
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +173.59K | — | — | 10.6% | 1.64M | 1.81M |
| Common Stock Direct | 5/15/2026 | F · Tax Withholding | −68.31K | $2.63 | $179.65K | 3.8% | 1.81M | 1.74M |
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +237.34K | — | — | 13.6% | 1.74M | 1.98M |
| Common Stock Direct | 5/15/2026 | F · Tax Withholding | −93.39K | $2.63 | $245.63K | 4.7% | 1.98M | 1.89M |
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +125K | — | — | 6.6% | 1.89M | 2.01M |
| Common Stock Direct | 5/15/2026 | F · Tax Withholding | −49.19K | $2.63 | $129.36K | 2.4% | 2.01M | 1.96M |
| Common Stock Direct | 5/15/2026 | M · Option Exercise | +1.56M | — | — | 79.6% | 1.96M | 3.52M |
| Common Stock Direct | 5/15/2026 | F · Tax Withholding | −614.84K | $2.63 | $1.62M | 17.4% | 3.52M | 2.91M |
| Total | +1.39M | -$2.38M | ||||||
Restricted Share Units (RSUs)
Common Stock
34.42K shares
Shares
−34.42K
Strike price
Held after
0.00
Exercisable
—
Performance Share Units (PSUs)
Common Stock
57K shares
Shares
−57K
Strike price
Held after
0.00
Exercisable
—
PSUs
Common Stock
107.39K shares
Shares
−107.39K
Strike price
Held after
0.00
Exercisable
—
PSUs
Common Stock
173.59K shares
Shares
−173.59K
Strike price
Held after
0.00
Exercisable
—
RSUs
Common Stock
237.34K shares
Shares
−237.34K
Strike price
Held after
237.34K
Exercisable
—
RSUs
Common Stock
125K shares
Shares
−125K
Strike price
Held after
250K
Exercisable
—
RSUs
Common Stock
1.56M shares
Shares
−1.56M
Strike price
Held after
1.56M
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Share Units (RSUs) Direct | Common Stock34.42K shares | 4/17/2026 | M · Option Exercise | −34.42K | — | 0.00 | |
| Performance Share Units (PSUs) Direct | Common Stock57K shares | 4/17/2026 | M · Option Exercise | −57K | — | 0.00 | |
| PSUs Direct | Common Stock107.39K shares | 4/17/2026 | M · Option Exercise | −107.39K | — | 0.00 | |
| PSUs Direct | Common Stock173.59K shares | 5/15/2026 | M · Option Exercise | −173.59K | — | 0.00 | |
| RSUs Direct | Common Stock237.34K shares | 5/15/2026 | M · Option Exercise | −237.34K | — | 237.34K | |
| RSUs Direct | Common Stock125K shares | 5/15/2026 | M · Option Exercise | −125K | — | 250K | |
| RSUs Direct | Common Stock1.56M shares | 5/15/2026 | M · Option Exercise | −1.56M | — | 1.56M |