0001619835-17-000014.txt : 20171106 0001619835-17-000014.hdr.sgml : 20171106 20171106184811 ACCESSION NUMBER: 0001619835-17-000014 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171027 FILED AS OF DATE: 20171106 DATE AS OF CHANGE: 20171106 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Swade Michael R. CENTRAL INDEX KEY: 0001619835 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38267 FILM NUMBER: 171180699 MAIL ADDRESS: STREET 1: C/O 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sonus Networks, 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: 978-614-8600 MAIL ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 FORMER COMPANY: FORMER CONFORMED NAME: Solstice Sapphire Investments, Inc. DATE OF NAME CHANGE: 20170531 3 1 edgar.xml PRIMARY DOCUMENT X0206 3 2017-10-27 0 0001708055 Sonus Networks, Inc. SONS 0001619835 Swade Michael R. C/O SONUS NETWORKS, INC. 4 TECHNOLOGY PARK DRIVE WESTFORD MA 01886 0 1 0 0 EVP Global Sales Common Stock 218543 D Performance-Based Restricted Stock Units (PSUs) 0 Common Stock 4167 D Performance-Based Restricted Stock Units (PSUs) 0 Common Stock 6250 D Performance-Based Restricted Stock Units (PSUs) 0 Common Stock 15625 D 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. Between zero percent (0%) and 120% of the target number of shares reported in column 3 of this report will vest into Issuer Common Stock, if at all, on March 16, 2018. 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. Between zero percent (0%) and 200% of one-half of the target number of shares reported in column 3 of this report will vest into Issuer Common Stock, if at all, on each of April 1, 2018 and 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. Between zero percent (0%) and 200% of one-third of the target number of shares reported in column 3 of this report will vest into Issuer Common Stock, if at all, on each of March 31, 2018, March 31, 2019 and March 31, 2020. Michael R. Swade 2017-11-06