0001062993-24-008596.txt : 20240419 0001062993-24-008596.hdr.sgml : 20240419 20240419161700 ACCESSION NUMBER: 0001062993-24-008596 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240417 FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McClelland Bruce William CENTRAL INDEX KEY: 0001424201 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38267 FILM NUMBER: 24857976 MAIL ADDRESS: STREET 1: 3871 LAKEFIELD DRIVE CITY: SUWANEE STATE: GA ZIP: 30024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ribbon Communications Inc. CENTRAL INDEX KEY: 0001708055 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] ORGANIZATION NAME: 06 Technology IRS NUMBER: 821669692 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6500 CHASE OAKS BOULEVARD CITY: PLANO STATE: TX ZIP: 75023 BUSINESS PHONE: 877-412-8867 MAIL ADDRESS: STREET 1: 6500 CHASE OAKS BOULEVARD CITY: PLANO STATE: TX ZIP: 75023 FORMER COMPANY: FORMER CONFORMED NAME: Sonus Networks, Inc. DATE OF NAME CHANGE: 20171027 FORMER COMPANY: FORMER CONFORMED NAME: Solstice Sapphire Investments, Inc. DATE OF NAME CHANGE: 20170531 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0508 4 2024-04-17 0001708055 Ribbon Communications Inc. RBBN 0001424201 McClelland Bruce William C/O RIBBON COMMUNICATIONS 6500 CHASE OAKS BLVD. PLANO TX 75023 1 1 0 0 President & CEO 0 Common Stock 2024-04-17 4 M 0 68844 A 1230807 D Common Stock 2024-04-17 4 M 0 120817 A 1351624 D Common Stock 2024-04-17 4 F 0 69746 2.61 D 1281878 D Restricted Stock Units (RSUs) 2024-04-17 4 M 0 68844 0 D Common Stock 68844 137682 D Performance Share Units (PSUs) 2024-04-17 4 M 0 120817 0 D Common Stock 120817 0 D Each Restricted Stock Unit (RSU) and Performance Share Unit (PSU) converts into common stock on a one-for-one basis. Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting. The RSUs were granted on April 17, 2023 and vested as to one-third on April 17, 2024; the remaining two-thirds of the RSUs will vest in four equal semi-annual installments thereafter through April 17, 2026. The PSUs were issued on April 17, 2023. The number of PSUs earned and vested was based on achievement of a revenue goal set (prior to grant) by the Compensation Committee of the Issuer's Board of Directors for the fiscal year ended December 31, 2023. The remaining PSUs were forfeited. Patrick Macken, By POA from Bruce McClelland, CEO & President 2024-04-19