0001062993-24-008600.txt : 20240419
0001062993-24-008600.hdr.sgml : 20240419
20240419161757
ACCESSION NUMBER: 0001062993-24-008600
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: Bucci Sam
CENTRAL INDEX KEY: 0001824854
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38267
FILM NUMBER: 24857996
MAIL ADDRESS:
STREET 1: 3605 E PLANO PARKWAY
CITY: PLANO
STATE: TX
ZIP: 75074
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
0001824854
Bucci Sam
6500 CHASE OAKS BLVD.
STE, 100
PLANO
TX
75023
0
1
0
0
EVP & COO
0
Common Stock
2024-04-17
4
M
0
51633
A
322553
D
Common Stock
2024-04-17
4
M
0
25721
A
348274
D
Common Stock
2024-04-17
4
F
0
40348
2.61
D
307926
D
Common Stock
2024-04-18
4
M
0
26709
A
334635
D
Common Stock
2024-04-18
4
F
0
14297
2.57
D
320338
D
Restricted Stock Units (RSUs)
2024-04-17
4
M
0
51633
0
D
Common Stock
51633
103262
D
Performance Share Units (PSUs)
2024-04-17
4
M
0
25721
0
D
Common Stock
25721
0
D
RSUs
2024-04-18
4
M
0
26709
0
D
Common Stock
26709
53418
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.
The RSUs were granted on April 18, 2022 and vested as to one-third on April 18, 2023; the remaining two-thirds of the RSUs will vest in four equal semi-annual installments thereafter through April 18, 2025.
Patrick Macken, By POA for Sam Bucci, EVP & COO
2024-04-19