Eric Singer - Nov 1, 2021 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Role
Director
Signature
/s/ Eric Singer
Stock symbol
ATEN
Transactions as of
Nov 1, 2021
Transactions value $
-$39,342,430
Form type
4
Date filed
11/3/2021, 08:15 PM
Previous filing
Jul 14, 2021
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock, par value $0.00001 Sale -$5.54M -346K -23.61% $16.01 1.12M Nov 1, 2021 By Viex Opportunities Fund, LP - Series One F1, F2, F3, F4
transaction ATEN Common Stock, par value $0.00001 Sale -$3.07M -200K -17.87% $15.34 920K Nov 2, 2021 By Viex Opportunities Fund, LP - Series One F1, F2, F4, F5
transaction ATEN Common Stock, par value $0.00001 Sale -$4.31M -274K -29.81% $15.70 646K Nov 3, 2021 By Viex Opportunities Fund, LP - Series One F1, F2, F4, F6
transaction ATEN Common Stock, par value $0.00001 Sale -$1.95M -122K -25.27% $16.01 361K Nov 1, 2021 By Viex Opportunities Fund, LP - Series Two F1, F2, F3, F7
transaction ATEN Common Stock, par value $0.00001 Sale -$1.15M -75K -20.79% $15.34 286K Nov 2, 2021 By Viex Opportunities Fund, LP - Series Two F1, F2, F5, F7
transaction ATEN Common Stock, par value $0.00001 Sale -$1.61M -103K -35.97% $15.70 183K Nov 3, 2021 By Viex Opportunities Fund, LP - Series Two F1, F2, F6, F7
transaction ATEN Common Stock, par value $0.00001 Sale -$8.8M -550K -10.47% $16.01 4.71M Nov 1, 2021 By Viex Special Opportunities Fund II, LP F1, F2, F3, F8
transaction ATEN Common Stock, par value $0.00001 Other $0 -2.61M -55.42% $0.00 2.1M Nov 1, 2021 By Viex Special Opportunities Fund II, LP F1, F2, F8, F9
transaction ATEN Common Stock, par value $0.00001 Sale -$5.37M -350K -16.69% $15.34 1.75M Nov 2, 2021 By Viex Special Opportunities Fund II, LP F1, F2, F5, F8
transaction ATEN Common Stock, par value $0.00001 Sale -$7.54M -480K -27.46% $15.70 1.27M Nov 3, 2021 By Viex Special Opportunities Fund II, LP F1, F2, F6, F8
transaction ATEN Common Stock, par value $0.00001 Other $0 -487K -100% $0.00* 0 Nov 1, 2021 By Viex Special Opportunities Fund III, LP F1, F2, F10, F11
holding ATEN Common Stock, par value $0.00001 73.1K Nov 1, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by VIEX Opportunities Fund, LP - Series One ("Series One"), a series of VIEX Opportunities Fund, LP, VIEX Opportunities Fund, LP - Series Two ("Series Two"), a series of VIEX Opportunities Fund, LP, VIEX Special Opportunities Fund II, LP ("VSO II"), VIEX Special Opportunities Fund III, LP ("VSO III"), VIEX GP, LLC ("VIEX GP"), VIEX Special Opportunities GP II, LLC ("VSO GP II"), VIEX Special Opportunities GP III, LLC ("VSO GP III"), VIEX Capital Advisors, LLC ("VIEX Capital"), and Eric Singer (collectively, the "Reporting Persons").
F2 Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $18.58 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 3.
F4 Securities of the Issuer beneficially owned directly by Series One. VIEX GP, as the general partner of Series One, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One. VIEX Capital, as the investment manager of Series One, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One. Mr. Singer, as the managing member of each of VIEX GP and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series One.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.20 to $15.525 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 5.
F6 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.40 to $16.06 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 6.
F7 Securities of the Issuer beneficially owned directly by Series Two. VIEX GP, as the general partner of Series Two, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series Two. VIEX Capital, as the investment manager of Series Two, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series Two. Mr. Singer, as the managing member of each of VIEX GP and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Series Two.
F8 Securities of the Issuer beneficially owned directly by VSO II. VSO GP II, as the general partner of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. VIEX Capital, as the investment manager of VSO II, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II. Mr. Singer, as the managing member of each of VSO GP II and VIEX Capital, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO II.
F9 Represents a pro-rata distribution of shares to limited partners by VSO II.
F10 Represents a pro-rata distribution of shares to limited partners by VSO III.
F11 Securities of the Issuer that were beneficially owned directly by VSO III. VSO GP III, as the general partner of VSO III, may have been deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO III. VIEX Capital, as the investment manager of VSO III, may have been deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO III. Mr. Singer, as the managing member of each of VSO GP III and VIEX Capital, may have been deemed the beneficial owner of the securities of the Issuer beneficially owned by VSO III.