0001101680-24-000045.txt : 20240501 0001101680-24-000045.hdr.sgml : 20240501 20240501141114 ACCESSION NUMBER: 0001101680-24-000045 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240422 FILED AS OF DATE: 20240501 DATE AS OF CHANGE: 20240501 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Marthi Raghu CENTRAL INDEX KEY: 0002021843 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-32743 FILM NUMBER: 24902237 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] ORGANIZATION NAME: 04 Manufacturing 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 wk-form3_1714587065.xml FORM 3 X0206 3 2024-04-22 0 0001101680 DZS INC. DZSI 0002021843 Marthi Raghu 5700 TENNYSON PARKWAY, SUITE 400 PLANO TX 75024 0 1 0 0 Chief Operating Officer Common Stock 28705 D Stock Options (Right to Buy) 12.85 2031-09-20 Common Stock 35000 D Restricted Stock Units Common Stock 17500 D Restricted Stock Units Common Stock 13334 D These options vest over a four-year vesting schedule as follows: 25% of the options vests on September 20, 2022 and the remainder vests in 36 equal monthly installments thereafter subject to the reporting person's continued employment with the issuer on each such vesting date. These restricted stock units were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest in two equal installments on September 20, 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. These restricted stock units were granted pursuant to the issuer's 2017 Incentive Award Plan and will vest in two equal installments on July 1, 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 2024-05-01