0001101680-23-000085.txt : 20230705
0001101680-23-000085.hdr.sgml : 20230705
20230705195215
ACCESSION NUMBER: 0001101680-23-000085
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230701
FILED AS OF DATE: 20230705
DATE AS OF CHANGE: 20230705
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ferguson Justin K.
CENTRAL INDEX KEY: 0001655819
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-32743
FILM NUMBER: 231071607
MAIL ADDRESS:
STREET 1: C/O DZS INC.
STREET 2: 5700 TENNYSON PARKWAY 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
4
1
wk-form4_1688601122.xml
FORM 4
X0407
4
2023-07-01
0
0001101680
DZS INC.
DZSI
0001655819
Ferguson Justin K.
C/O DZS INC.
5700 TENNYSON PKWY, 4TH FLOOR
PLANO
TX
75024
0
1
0
0
Chief Legal Officer
0
Common Stock
2023-07-01
4
M
0
2500
A
35923
D
Common Stock
2023-07-01
4
F
0
1014
3.97
D
34909
D
Common Stock
2023-07-01
4
M
0
16698
A
51607
D
Common Stock
2023-07-01
4
F
0
7272
3.97
D
44335
D
Common Stock
2023-07-01
4
M
0
2500
A
46835
D
Common Stock
2023-07-01
4
F
0
934
3.97
D
45901
D
Restricted Stock Units
2023-07-01
4
M
0
2500
D
Common Stock
2500
5000
D
Restricted Stock Units
2023-07-01
4
M
0
16698
D
Common Stock
16698
33396
D
Restricted Stock Units
2023-07-01
4
M
0
2500
D
Common Stock
2500
2500
D
This represents the second vesting on July 1, 2023 in the amount of 2,500 units for a total amount vested of 5,000 of the restricted stock units issued on July 1, 2021. The remaining vesting will occur on July 1, 2024 and 2025, subject to the reporting person's continued employment with the issuer on each such vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
Shares withheld by DZS to satisfy tax withholding requirements on vesting of restricted stock units.
This represents the first vesting on July 1, 2023 in the amount of 16,698 units for a total amount vested of 16,698 of the restricted stock units issued on July 1, 2022. The remaining vesting will occur on July 1, 2024 and 2025, subject to the reporting person's continued employment with the issuer on each such vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
This represents the first vesting on July 1, 2023 in the amount of 2,500 units for a total amount vested of 2,500 of the restricted stock units issued on July 1, 2022. The remaining vesting will occur on July 1, 2024 subject to the reporting person's continued employment with the issuer on such 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
2023-07-05