0001490372-16-000014.txt : 20160405 0001490372-16-000014.hdr.sgml : 20160405 20160405162923 ACCESSION NUMBER: 0001490372-16-000014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160401 FILED AS OF DATE: 20160405 DATE AS OF CHANGE: 20160405 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SONUS NETWORKS INC CENTRAL INDEX KEY: 0001105472 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 043387074 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 BUSINESS PHONE: 9786148100 MAIL ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Snider Jeffrey M. CENTRAL INDEX KEY: 0001490372 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34115 FILM NUMBER: 161554842 MAIL ADDRESS: STREET 1: C/O 7 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2016-04-01 0001105472 SONUS NETWORKS INC SONS 0001490372 Snider Jeffrey M. C/O SONUS NETWORKS, INC. 4 TECHNOLOGY PARK DRIVE WESTFORD MA 01886 0 1 0 0 SVP, Ch Admin Off & Gen Coun Common Stock 2016-04-01 4 A 0 56250 0 A 194988 D Performance-Based Restricted Stock Units (PSUs) 2016-04-01 4 A 0 18750 0 A Common Stock 18750 18750 D These are restricted shares of Common Stock that vest over a three-year period as follows: one-third of the shares shall vest on April 1, 2017 and the remaining two-thirds of the shares shall vest in four equal increments semi-annually thereafter through April 1, 2019. Each PSU represents a contingent right to receive one share of the Issuer's Common Stock, based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the NASDAQ Telecommunications Index, that were set by the Compensation Committee of the Issuer's Board of Directors. The aggregate number of shares issued may range from zero (0) shares to 200% of the target number of shares reported in columns 7 and 9 of this report. Between zero (0) and 200% of one-third of the PSUs will vest, if at all, on each of April 1, 2017, April 1, 2018 and April 1, 2019. Jeffrey M. Snider 2016-04-05