<SEC-DOCUMENT>0001708055-21-000054.txt : 20210317
<SEC-HEADER>0001708055-21-000054.hdr.sgml : 20210317
<ACCEPTANCE-DATETIME>20210317192041
ACCESSION NUMBER:		0001708055-21-000054
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210315
FILED AS OF DATE:		20210317
DATE AS OF CHANGE:		20210317

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Bruny Steven M
		CENTRAL INDEX KEY:			0001720723

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38267
		FILM NUMBER:		21752377

	MAIL ADDRESS:	
		STREET 1:		C/O 4 TECHNOLOGY PARK DRIVE
		CITY:			WESTFORD
		STATE:			MA
		ZIP:			01886

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ribbon Communications Inc.
		CENTRAL INDEX KEY:			0001708055
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				821669692
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		6500 CHASE OAKS BOULEVARD
		CITY:			PLANO
		STATE:			TX
		ZIP:			75023
		BUSINESS PHONE:		877-412-8867

	MAIL ADDRESS:	
		STREET 1:		6500 CHASE OAKS BOULEVARD
		CITY:			PLANO
		STATE:			TX
		ZIP:			75023

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Sonus Networks, Inc.
		DATE OF NAME CHANGE:	20171027

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Solstice Sapphire Investments, Inc.
		DATE OF NAME CHANGE:	20170531
</SEC-HEADER>
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            <rptOwnerZipCode>75023</rptOwnerZipCode>
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    <footnotes>
        <footnote id="F1">RSUs convert into Common Stock on a one-for-one basis.</footnote>
        <footnote id="F2">Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.</footnote>
        <footnote id="F3">Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.</footnote>
        <footnote id="F4">The RSUs will vest as to one-third on March 15, 2022 and the remaining two-thirds of the RSUs will vest in four equal semi-annual installments thereafter through March 15, 2024.</footnote>
        <footnote id="F5">Each PSU represents a contingent right to receive one share of the Issuer's Common Stock. The number of PSUs earned and issuable upon vesting will be determined based on achievement of a revenue goal set by the Compensation Committee of the Issuer's Board of Directors (the &quot;Compensation Committee&quot;) for the fiscal year ending December 31, 2021.  The aggregate number of shares issued may range from zero shares to 200% of the target number of shares reported in columns 5, 7 and 9 of Table II. The number of PSUs reported in columns 5, 7 and 9 of Table II reflects achievement at the target level of performance. This PSU will vest on 3/15/2022.</footnote>
        <footnote id="F6">Each PSU represents a contingent right to receive one share of the Issuer's Common Stock. The number of PSUs earned and issuable upon vesting will be determined based on goals set by the Compensation Committee on an annual basis for each of the three fiscal years prior to the vesting date.  The aggregate number of shares issued may range from zero shares to 200% of the target number of shares reported in columns 5, 7 and 9 of Table II. The number of PSUs reported in columns 5, 7 and 9 of Table II reflects achievement at the target level of performance. This PSU will vest on 3/15/2024.</footnote>
        <footnote id="F7">Each PSU represents a contingent right to receive one share of the Issuer's Common Stock, 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 over the three fiscal years ending prior to the vesting date. The aggregate number of shares issued may range from zero shares to 200% of the target number of shares reported in columns 5, 7 and 9 of Table II. The number of PSUs reported in columns 5, 7 and 9 of Table II reflects achievement at the target level of performance. This PSU will vest on 3/15/2024.</footnote>
        <footnote id="F8">On March 16, 2020, the Reporting Person was awarded 25,000 RSUs which vested in full on March 16, 2021.</footnote>
        <footnote id="F9">On March 16, 2020, the Reporting Person was awarded 162,038 RSUs which vested as to one-third on March 16, 2021.  The remaining RSUs vest in four equal semi-annual installments thereafter through March 16, 2023.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Patrick Macken, Attorney-in-Fact</signatureName>
        <signatureDate>2021-03-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
