0001615890-19-000004.txt : 20190402 0001615890-19-000004.hdr.sgml : 20190402 20190402162522 ACCESSION NUMBER: 0001615890-19-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190401 FILED AS OF DATE: 20190402 DATE AS OF CHANGE: 20190402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Riley Kevin W. CENTRAL INDEX KEY: 0001615890 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38267 FILM NUMBER: 19725298 MAIL ADDRESS: STREET 1: C/O 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ribbon Communications Inc. CENTRAL INDEX KEY: 0001708055 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 821669692 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 BUSINESS PHONE: 978-614-8090 MAIL ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 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 edgar.xml PRIMARY DOCUMENT X0306 4 2019-04-01 0001708055 Ribbon Communications Inc. RBBN 0001615890 Riley Kevin W. C/O RIBBON COMMUNICATIONS INC. 4 TECHNOLOGY PARK DRIVE WESTFORD MA 01886 0 1 0 0 CTO & EVP Growth R&D Common Stock 2019-04-01 4 M 0 3198 0 A 180920 D Common Stock 2019-04-01 4 F 0 1419 5.15 D 179501 D Performance-Based Restricted Stock Units (PSUs) 0 2019-04-01 4 M 0 3198 0 A Common Stock 3198 2010 D Represents the vesting (at 61.40% of target) of Performance-Based Restricted Stock Units (PSUs) granted on March 31, 2017 for the 2018 performance period. Performance for this award during the award's 2018 performance period was measured 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. PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE COMPANY INCIDENT TO THE VESTING OF A SECURITY. The PSUs have fully vested and accordingly have no expiration date Amount reflects the forfeiture of 2,010 PSUs of the aggregate amount granted on March 31, 2017 that failed to vest following the 2018 performance period based on the Issuer's performance for such 2018 performance period, as determined by the Compensation Committee of the Issuer's Board of Directors at the end of the applicable period. The original aggregate number of PSUs granted to the Reporting Person on March 31, 2017 was reported in Table II of Form 4 filed by the Reporting Person on April 4, 2017. Kevin W. Riley 2019-04-02