rami rahim - 18 Feb 2022 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Signature
By: /s/Dena Acevedo, as attorney-in-fact For: Rami Rahim
Issuer symbol
JNPR
Transactions as of
18 Feb 2022
Net transactions value
-$4,502,784
Form type
4
Filing time
23 Feb 2022, 17:32:55 UTC
Previous filing
11 Feb 2022
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +131,874 $0.000000 131,874 18 Feb 2022 Direct F1
transaction JNPR Common Stock Tax liability $2,337,672 -68,114 -52% $34.32 63,760 18 Feb 2022 Direct F2
transaction JNPR Common Stock Options Exercise $0 +64,158 +101% $0.000000 127,918 19 Feb 2022 Direct
transaction JNPR Common Stock Tax liability $1,137,296 -33,138 -26% $34.32 94,780 21 Feb 2022 Direct F2
transaction JNPR Common Stock Options Exercise $0 +57,918 +61% $0.000000 152,698 21 Feb 2022 Direct
transaction JNPR Common Stock Tax liability $1,027,815 -29,948 -20% $34.32 122,750 21 Feb 2022 Direct F2
transaction JNPR Common Stock Gift $0 -122,750 -100% $0.000000* 0 21 Feb 2022 Direct F3
transaction JNPR Common Stock Gift $0 +122,750 +17% $0.000000 842,148 21 Feb 2022 Living Trust F3

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 Non-Qualified Stock Option (right to buy) Award $0 +275,219 $0.000000 275,219 18 Feb 2022 Common Stock 275,219 $34.32 Direct F4, F5
transaction JNPR Performance Stock Unit Award $0 +79,687 +153% $0.000000 131,874 18 Feb 2022 Common Stock 79,687 $0.000000 Direct F5, F6
transaction JNPR Performance Stock Unit Options Exercise $0 -131,874 -100% $0.000000* 0 18 Feb 2022 Common Stock 131,874 $0.000000 Direct F1, F5
transaction JNPR Performance Stock Unit Award $0 +46,384 +148% $0.000000 77,659 18 Feb 2022 Common Stock 46,384 $0.000000 Direct F5, F7
transaction JNPR Performance Stock Unit Award $0 +49,816 $0.000000 49,816 18 Feb 2022 Common Stock 49,816 $0.000000 Direct F5, F8
transaction JNPR RSU Award Options Exercise $0 -57,918 -50% $0.000000 58,044 21 Feb 2022 Common Stock 57,918 $0.000000 Direct F5, F9
transaction JNPR RSU Award Options Exercise $0 -64,158 -34% $0.000000 124,542 19 Feb 2022 Common Stock 64,158 $0.000000 Direct F5, F9
transaction JNPR RSU Award Award $0 +161,338 $0.000000 161,338 18 Feb 2022 Common Stock 161,338 $0.000000 Direct F5, F9
* 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 the transfer of shares to the Rahim Family Trust from the reporting person immediately upon vesting.
F4 These options have a 7 year contractual term, with a strike price equal to the closing price of the Company's stock on 2/18/22, and vest 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 of the grant date
F5 Column 8 is not an applicable reportable field.
F6 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).
F7 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.
F8 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.
F9 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.