June 17, 2024 · Form 4 insider transaction
SHANI SHAUL bought 48,365 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 1 day after the transaction.
Each RSU represents a contingent right to receive one share of the Issuer's common stock.; The RSUs will vest on June 17, 2025, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") occurs prior to June 17, 2025, and, at such 2025 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2025 Annual Meeting.