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: 12/16/2024ACC: 0001062993-24-020675
Officer· EVP of Global Sales
Since Feb 2023
-8.20K
Net shares
Net seller
$33.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
20.83K acquired · 29.03K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+20.83K
Price / share
—
Trade value
—
% of position
16.1%
12/15/2024
129.67K→150.50K
Common Stock
Direct
Shares
−8.20K
Price / share
$4.09
Trade value
$33.53K
% of position
5.4%
12/15/2024
150.50K→142.30K
Total
Net shares
+12.64K
Net value
-$33.53K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/15/2024 | M · Option Exercise | +20.83K | — | — | 16.1% | 129.67K | 150.50K |
| Common Stock Direct | 12/15/2024 | F · Tax Withholding | −8.20K | $4.09 | $33.53K | 5.4% | 150.50K | 142.30K |
| Total | +12.64K | -$33.53K | ||||||
Derivative Transactions1
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
20.83K shares
Shares
−20.83K
Strike price
Held after
41.67K
Exercisable
—
12/15/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock20.83K shares | 12/15/2024 | M · Option Exercise | −20.83K | — | 41.67K |