October 31, 2025 · Form 4 insider transaction
McCaffery Stephen J. bought 43,202 shares of RIBBON COMMUNICATIONS INC at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each RSU and PSU converts into common stock on a one-for-one basis.; The PSUs were awarded on October 31, 2025. The number of PSUs earned and issuable upon vesting will be determined based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of a peer index of companies (set by the Compensation Committee at the time of grant) over the period beginning on the grant date and ending December 31, 2028. The aggregate number of shares issued may range from zero shares to 200% of the target number of shares reported in column 3 of Table II. The number of PSUs reported in column 3 of Table II reflects achievement at the target level of performance. The PSUs will vest on May 15, 2029.