Manoj Leelanivas - 18 Feb 2022 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Signature
By: /s/Dena Acevedo, as attorney-in-fact For: Manoj Leelanivas
Issuer symbol
JNPR
Transactions as of
18 Feb 2022
Net transactions value
-$1,097,622
Form type
4
Filing time
23 Feb 2022, 17:56:16 UTC
Previous filing
07 Jun 2021
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 +34,941 +46% $0.000000 110,875 18 Feb 2022 Direct F1
transaction JNPR Common Stock Tax liability $448,734 -13,075 -12% $34.32 97,800 18 Feb 2022 Direct F2
transaction JNPR Common Stock Options Exercise $0 +20,808 +21% $0.000000 118,608 19 Feb 2022 Direct
transaction JNPR Common Stock Tax liability $354,079 -10,317 -8.7% $34.32 108,291 19 Feb 2022 Direct F2
transaction JNPR Common Stock Options Exercise $0 +17,325 +16% $0.000000 125,616 21 Feb 2022 Direct
transaction JNPR Common Stock Tax liability $294,809 -8,590 -6.8% $34.32 117,026 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, F4
transaction JNPR Performance Stock Unit Award $0 +13,860 +148% $0.000000 23,204 18 Feb 2022 Common Stock 13,860 $0.000000 Direct F4, F5
transaction JNPR Performance Stock Unit Award $0 +16,157 $0.000000 16,157 18 Feb 2022 Common Stock 16,157 $0.000000 Direct F4, F6
transaction JNPR RSU Award Options Exercise $0 -17,325 -33% $0.000000 35,175 21 Feb 2022 Common Stock 17,325 $0.000000 Direct F4, F7
transaction JNPR RSU Award Options Exercise $0 -20,808 -34% $0.000000 40,392 19 Feb 2022 Common Stock 20,808 $0.000000 Direct F4, F7
transaction JNPR RSU Award Award $0 +58,700 $0.000000 58,700 18 Feb 2022 Common Stock 58,700 $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.