Sec Form 4 Filing - Marmurek Eric S @ Ribbon Communications Inc. - 2024-04-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Marmurek Eric S
2. Issuer Name and Ticker or Trading Symbol
Ribbon Communications Inc. [ RBBN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Finance & CAO
(Last) (First) (Middle)
6500 CHASE OAKS BLVD., STE. 100
3. Date of Earliest Transaction (MM/DD/YY)
04/17/2024
(Street)
PLANO, TX75023
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/17/2024 M 46,469 A 298,308 D
Common Stock 04/17/2024 F 17,069 D $ 2.61 ( 2 ) 281,239 D
Common Stock 04/18/2024 M 13,354 A 294,593 D
Common Stock 04/18/2024 F 4,895 D $ 2.57 ( 2 ) 289,698 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSUs) ( 1 ) 04/17/2024 M 46,469 ( 3 ) ( 3 ) Common Stock 46,469 $ 0 46,468 D
RSUs ( 1 ) 04/18/2024 M 13,354 ( 4 ) ( 4 ) Common Stock 13,354 $ 0 26,709 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Marmurek Eric S
6500 CHASE OAKS BLVD.
STE. 100
PLANO, TX75023
SVP, Finance & CAO
Signatures
Patrick Macken, By POA from Rick Marmurek, SVP, CAO 04/19/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Restricted Stock Unit (RSU) converts into common stock on a one-for-one basis.
( 2 )Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting.
( 3 )The RSUs were granted on April 17, 2023 and vested as to one-half on April 17, 2024; the remaining half of the RSUs vest in two equal installments thereafter on July 17, 2024 and October 17, 2024.
( 4 )The RSUs were granted on April 18, 2022 and vested as to one-third on April 18, 2023; the remaining two-thirds of the RSUs will vest in four equal semi-annual installments thereafter through April 18, 2025.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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