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