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