0001101680-23-000008.txt : 20230302 0001101680-23-000008.hdr.sgml : 20230302 20230302161728 ACCESSION NUMBER: 0001101680-23-000008 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230220 FILED AS OF DATE: 20230302 DATE AS OF CHANGE: 20230302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Won Deok Yeon CENTRAL INDEX KEY: 0001967874 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-32743 FILM NUMBER: 23699180 MAIL ADDRESS: STREET 1: 5700 TENNYSON PARKWAY STREET 2: SUITE 400 CITY: PLANO STATE: TX ZIP: 75024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DZS INC. CENTRAL INDEX KEY: 0001101680 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 223509099 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5700 TENNYSON PARKWAY STREET 2: SUITE 400 CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 4693271531 MAIL ADDRESS: STREET 1: 5700 TENNYSON PARKWAY STREET 2: SUITE 400 CITY: PLANO STATE: TX ZIP: 75024 FORMER COMPANY: FORMER CONFORMED NAME: DASAN ZHONE SOLUTIONS INC DATE OF NAME CHANGE: 20160912 FORMER COMPANY: FORMER CONFORMED NAME: ZHONE TECHNOLOGIES INC DATE OF NAME CHANGE: 20031114 FORMER COMPANY: FORMER CONFORMED NAME: TELLIUM INC DATE OF NAME CHANGE: 20000911 3 1 wf-form3_167779182469262.xml FORM 3 X0206 3 2023-02-20 0 0001101680 DZS INC. DZSI 0001967874 Won Deok Yeon C/O DZS INC. 5700 TENNYSON PARKWAY, 4TH FLOOR PLANO TX 75024 0 1 0 0 Chief Customer Officer, Asia Common Stock 3750 D Stock Options (Right to Buy) 4.75 2027-01-11 Common Stock 1250.0 D Stock Options (Right to Buy) 9.63 2028-08-09 Common Stock 16676.0 D Restricted Stock Units Common Stock 11250.0 D Restricted Stock Units Common Stock 30000.0 D These stock options were granted pursuant to the issuer's 2017 Incentive Award Plan and have fully vested. These restricted stock units were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest in three equal installments on July 1, 2023, 2024, and 2025, subject to the reporting person's continued employment with the issuer on each vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting. /s/Laura Larsen-Misunas as Power of Attorney 2023-03-02