Barbara Carbone - 31 Mar 2022 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 2022
Transactions value $
$0
Form type
4
Filing time
04 Apr 2022, 16:30:08 UTC
Previous filing
04 Jan 2022
Next filing
27 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DZSI Common Stock Options Exercise $0 +972 +23% $0 5,247 31 Mar 2022 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 Restrict Stock Units Options Exercise -972 -25% 2,917 31 Mar 2022 Common Stock 972 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, 2022 in the amount of 972 units for a total amount vested 972 of the restricted stock units issued on January 3, 2022. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.