Sam Bucci - May 2, 2022 Form 4 Insider Report for Ribbon Communications Inc. (RBBN)

Role
EVP & GM IP Optical Networks
Signature
Patrick Macken, Attorney-in-Fact
Stock symbol
RBBN
Transactions as of
May 2, 2022
Transactions value $
-$138,850
Form type
4
Date filed
5/4/2022, 04:38 PM
Previous filing
Apr 20, 2022
Next filing
Jun 17, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBBN Common Stock Sale -$52.4K -15K -9.01% $3.49 151K May 2, 2022 Direct F1, F2
transaction RBBN Common Stock Sale -$86.5K -25K -16.51% $3.46 126K May 3, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Planned open market sale for income tax purposes.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.47 to $3.51, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.43 to $3.51, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.