Kevin Denuccio - May 12, 2021 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role
Director
Signature
By: /s/Robert Mobassaly, as attorney-in-fact For: Kevin A. DeNuccio
Stock symbol
JNPR
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 05:24 PM
Next filing
May 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +9.86K +39.22% $0.00 35K May 12, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JNPR RSU Award Options Exercise $0 -9.86K -100% $0.00* 0 May 12, 2021 Common Stock 9.86K $0.00 Direct F1, F2
transaction JNPR RSU Award Award $0 +10.8K $0.00 10.8K May 13, 2021 Common Stock 10.8K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the Juniper Networks, Inc. 2015 Equity Incentive Plan, the restricted stock unit ("RSU") award becomes 100% vested on the earlier of (A) the one year anniversary of the grant date, and (B) the day prior to the date of the Company's next annual stockholder meeting, subject to the individual maintaining continuous status as a director through the vesting date. The RSU award was granted at the 2020 annual stockholder meeting, which was held on May 14, 2020. The company held its 2021 annual stockholder meeting on May 13, 2021; accordingly, this RSU award vested in full on May 12, 2021.
F2 Column 8 is not an applicable reportable field.
F3 The restricted stock unit is automatically granted pursuant to the terms of the Juniper Networks, Inc. 2015 Equity Incentive Plan to each non-employee director who is elected at (or whose term continues after) the company's annual stockholder meeting. The award will become 100% vested on the earlier of (A) May 13, 2022, and (B) the day prior to the date of the company's next annual stockholder meeting, subject in either case to the director maintaining continuous status as a director through the vesting date.