REDINGTON DAN (EVP of Global Sales) 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: 0001062993-24-017821
Officer· EVP of Global Sales
Since Feb 2023
-7.11K
Net shares
Net seller
$24.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
18.07K acquired · 25.18K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+18.07K
Price / share
—
Trade value
—
% of position
15.2%
10/17/2024
118.71K→136.78K
Common Stock
Direct
Shares
−7.11K
Price / share
$3.38
Trade value
$24.03K
% of position
5.2%
10/17/2024
136.78K→129.67K
Total
Net shares
+10.96K
Net value
-$24.03K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/17/2024 | M · Option Exercise | +18.07K | — | — | 15.2% | 118.71K | 136.78K |
| Common Stock Direct | 10/17/2024 | F · Tax Withholding | −7.11K | $3.38 | $24.03K | 5.2% | 136.78K | 129.67K |
| Total | +10.96K | -$24.03K | ||||||
Derivative Transactions1
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
18.07K shares
Shares
−18.07K
Strike price
Held after
54.21K
Exercisable
—
10/17/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock18.07K shares | 10/17/2024 | M · Option Exercise | −18.07K | — | 54.21K |