Rahul N. Merchant - May 10, 2022 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role: Director
Signature: By: /s/Dena Acevedo, as attorney-in-fact For: Rahul N. Merchant
Stock symbol: JNPR
Transactions as of: May 10, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/12/2022, 05:14 PM
Previous filing: Dec 20, 2021
Next filing: Aug 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JNPR	Common Stock	Options Exercise	$0	+10.8K	+24.78%	$0.00	54.2K	May 10, 2022	Direct
holding	JNPR	Common Stock						12.5K	May 10, 2022	by Trust	F1

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	Award	$0	+7.11K		$0.00	7.11K	May 11, 2022	Common Stock	7.11K	$0.00	Direct	F2, F3
transaction	JNPR	RSU Award	Options Exercise	$0	-10.8K	-100%	$0.00^*	0	May 10, 2022	Common Stock	10.8K	$0.00	Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Shares held by two family trusts for the benefit of Mr. Merchant and his wife. Mr. Merchant serves as the trustee for one trust, and his wife serves as the trustee for the other trust.
F2	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 11, 2023, 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.
F3	Column 8 is not an applicable reportable field.
F4	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 2021 annual stockholder meeting, which was held on May 13, 2021. The company held its 2022 annual stockholder meeting on May 11, 2022; accordingly, this RSU award vested in full on May 10, 2022.