Barbara Carbone - 31 Mar 2023 Form 4 Insider Report for DZS INC. (DZSI)

Role
Director
Signature
/s/Laura Larsen-Misunas as Power of Attorney
Issuer symbol
DZSI
Transactions as of
31 Mar 2023
Transactions value $
$0
Form type
4
Filing time
04 Apr 2023, 16:55:48 UTC
Previous filing
22 Mar 2023
Next filing
27 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DZSI Common Stock Options Exercise +1,951 +21% 11,210 31 Mar 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DZSI Restricted Stock Units Options Exercise -1,951 -25% 5,855 31 Mar 2023 Common Stock 1,951 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the first vesting on March 31, 2023 in the amount of 1,951 units for a total amount vested of 1,951 of the restricted stock units issued on January 3, 2023. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.