Kenneth B. Miller - 18 Feb 2022 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role: EVP CFO
Signature: By: /s/Dena Acevedo, as attorney-in-fact For: Kenneth B. Miller
Issuer symbol: JNPR
Transactions as of: 18 Feb 2022
Net transactions value: -$1,242,281
Form type: 4
Filing time: 23 Feb 2022, 17:32:47 UTC
Previous filing: 02 Feb 2022
Next filing: 17 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JNPR	Common Stock	Options Exercise	$0	+34,941	+29%	$0.000000	156,745	18 Feb 2022	Direct	F1
transaction	JNPR	Common Stock	Tax liability	$594,628	-17,326	-11%	$34.32	139,419	18 Feb 2022	Direct	F2
transaction	JNPR	Common Stock	Options Exercise	$0	+19,414	+14%	$0.000000	158,833	19 Feb 2022	Direct
transaction	JNPR	Common Stock	Tax liability	$330,364	-9,626	-6.1%	$34.32	149,207	19 Feb 2022	Direct	F2
transaction	JNPR	Common Stock	Options Exercise	$0	+18,645	+12%	$0.000000	167,852	21 Feb 2022	Direct
transaction	JNPR	Common Stock	Tax liability	$317,288	-9,245	-5.5%	$34.32	158,607	21 Feb 2022	Direct	F2

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	Performance Stock Unit	Award	$0	+21,114	+153%	$0.000000	34,941	18 Feb 2022	Common Stock	21,114	$0.000000	Direct	F3, F4
transaction	JNPR	Performance Stock Unit	Options Exercise	$0	-34,941	-100%	$0.000000^*	0	18 Feb 2022	Common Stock	34,941	$0.000000	Direct	F1
transaction	JNPR	Performance Stock Unit	Award	$0	+14,916	+148%	$0.000000	24,972	18 Feb 2022	Common Stock	14,916	$0.000000	Direct	F4, F5
transaction	JNPR	Performance Stock Unit	Award	$0	+15,074		$0.000000	15,074	18 Feb 2022	Common Stock	15,074	$0.000000	Direct	F4, F6
transaction	JNPR	RSU Award	Options Exercise	$0	-18,645	-33%	$0.000000	37,855	21 Feb 2022	Common Stock	18,645	$0.000000	Direct	F4, F7
transaction	JNPR	RSU Award	Options Exercise	$0	-19,414	-34%	$0.000000	37,686	19 Feb 2022	Common Stock	19,414	$0.000000	Direct	F4, F7
transaction	JNPR	RSU Award	Award	$0	+48,400		$0.000000	48,400	18 Feb 2022	Common Stock	48,400	$0.000000	Direct	F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares earned and vested under the previously reported performance award granted on 03/15/2019. The shares vested in full on 2/18/2022 following determination by the Compensation Committee of the achievement of the final performance targets over the three-year performance period, upon the satisfaction of a continued service condition through the settlement date.
F2	Represents shares withheld from the performance share award for the payment of applicable income and payroll withholding taxes due on settlement.
F3	Represents (i) one tranche of the performance award and (ii) the total stockholder return tranche of the award granted on 3/15/2019. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee. These tranches vested on 2/18/2022 as described in footnote (1).
F4	Column 8 is not an applicable reportable field.
F5	Represents one tranche of an award granted in the first quarter of 2020. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee. This tranche will vest in the first quarter of 2024 following certification by the Compensation Committee of the final tranche of the award, subject to the reporting person's service through the date of such certification and the settlement date.
F6	Represents one tranche of an award granted in the first quarter of 2021. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee. This tranche will vest in the first quarter of 2024 following certification by the Compensation Committee of the final tranche of the award, subject to the reporting person's service through the date of such certification and the settlement date.
F7	This awards vests from the original grant date as to thirty-four percent on the one year anniversary of the grant date and thirty-three percent annually on the second anniversary and third anniversary.