SCARFO ANTHONY (EVP, Products & R&D) 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: 6/17/2022ACC: 0001062993-22-015192
Officer· EVP, Products & R&D
Since Feb 2019
+206.44K
Net shares
Net buyer
$10.4K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
223.74K acquired · 17.30K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+13.53K
Price / share
—
Trade value
—
% of position
6.2%
6/17/2022
217.38K→230.91K
Common Stock
Direct
Shares
−3.77K
Price / share
$2.76
Trade value
$10.40K
% of position
1.6%
6/17/2022
230.91K→227.14K
Total
Net shares
+9.76K
Net value
-$10.40K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/17/2022 | M · Option Exercise | +13.53K | — | — | 6.2% | 217.38K | 230.91K |
| Common Stock Direct | 6/17/2022 | F · Tax Withholding | −3.77K | $2.76 | $10.40K | 1.6% | 230.91K | 227.14K |
| Total | +9.76K | -$10.40K | ||||||
Derivative Transactions4
Performance-Based Restricted Stock Unit (PSU)
Direct
Converts to
Common Stock
67.52K shares
Shares
+67.52K
Strike price
Held after
67.52K
Exercisable
—
6/15/2022
PSU
Direct
Converts to
Common Stock
45.02K shares
Shares
+45.02K
Strike price
Held after
45.02K
Exercisable
—
6/15/2022
PSU
Direct
Converts to
Common Stock
97.67K shares
Shares
+97.67K
Strike price
Held after
97.67K
Exercisable
—
6/15/2022
RSUs
Direct
Converts to
Common Stock
13.53K shares
Shares
−13.53K
Strike price
Held after
0.00
Exercisable
—
6/17/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Unit (PSU) Direct | Common Stock67.52K shares | 6/15/2022 | A · Award | +67.52K | — | 67.52K | |
| PSU Direct | Common Stock45.02K shares | 6/15/2022 | A · Award | +45.02K | — | 45.02K | |
| PSU Direct | Common Stock97.67K shares | 6/15/2022 | A · Award | +97.67K | — | 97.67K | |
| RSUs Direct | Common Stock13.53K shares | 6/17/2022 | M · Option Exercise | −13.53K | — | 0.00 |