Anand Athreya - Feb 18, 2022 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Signature
By: /s/Dena Acevedo, as attorney-in-fact For: Anand S. Athreya
Stock symbol
JNPR
Transactions as of
Feb 18, 2022
Transactions value $
-$1,051,565
Form type
4
Date filed
2/23/2022, 05:56 PM
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +34.9K +25.21% $0.00 174K Feb 18, 2022 Direct F1, F2
transaction JNPR Common Stock Tax liability -$449K -13.1K -7.54% $34.32 160K Feb 18, 2022 Direct F3
transaction JNPR Common Stock Options Exercise $0 +18.7K +11.67% $0.00 179K Feb 18, 2022 Direct
transaction JNPR Common Stock Tax liability -$319K -9.29K -5.18% $34.32 170K Feb 19, 2022 Direct F3
transaction JNPR Common Stock Options Exercise $0 +16.7K +9.81% $0.00 187K Feb 21, 2022 Direct
transaction JNPR Common Stock Tax liability -$284K -8.26K -4.43% $34.32 178K Feb 21, 2022 Direct 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 Performance Stock Unit Award $0 +21.1K +152.7% $0.00 34.9K Feb 18, 2022 Common Stock 21.1K $0.00 Direct F4, F5
transaction JNPR Performance Stock Unit Options Exercise $0 -34.9K -100% $0.00* 0 Feb 18, 2022 Common Stock 34.9K $0.00 Direct F1, F5
transaction JNPR Performance Stock Unit Award $0 +13.3K +148.33% $0.00 22.3K Feb 18, 2022 Common Stock 13.3K $0.00 Direct F5, F6
transaction JNPR Performance Stock Unit Award $0 +14.5K $0.00 14.5K Feb 18, 2022 Common Stock 14.5K $0.00 Direct F5, F7
transaction JNPR RSU Award Options Exercise $0 -16.7K -33% $0.00 33.8K Feb 21, 2022 Common Stock 16.7K $0.00 Direct F5, F8
transaction JNPR RSU Award Options Exercise $0 -18.7K -34% $0.00 36.4K Feb 18, 2022 Common Stock 18.7K $0.00 Direct F5, F8
transaction JNPR RSU Award Award $0 +41.1K $0.00 41.1K Feb 18, 2022 Common Stock 41.1K $0.00 Direct F5, F8
* 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 Amount of securities owned includes 1,080 shares acquired by the reporting person under the Juniper Networks, Inc. 2008 Employee Stock Purchase Plan on 01/31/2022.
F3 Represents shares withheld from the performance share award for the payment of applicable income and payroll withholding taxes due on settlement.
F4 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).
F5 Column 8 is not an applicable reportable field.
F6 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.
F7 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.
F8 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.