SEC Form 4 · accession 0001615890-15-000002
Sonus, Inc. · SONS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin W. Riley
Officer — VP Engineering & CTO
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001105472
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 20, 2015 | A | 14,130 | $0.00 | A | 27,029 | D | |
| Common StockF3 | Feb 20, 2015 | F | 4,579 | $15.98 | D | 22,450 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of Common Stock were issued to Reporting Person in lieu of cash for Reporting Person's 2014 annual bonus pursuant to the Issuer's Senior Management Cash Incentive Plan and such shares shall vest immediately upon grant.
- F2Adjusted to reflect the 1-for-5 reverse stock split of the Common Stock of the Issuer that was made effective on the NASDAQ Global Select Market as of the commencement of trading on January 30, 2015.
- F3PAYMENT OF TAX LIABILITY BY DELIVERING SECURITIES TO THE ISSUER INCIDENT TO THE VESTING OF A SECURITY.