Janet Haugen - May 9, 2023 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role
Director
Signature
By: /s/Colin Lloyd, as attorney-in-fact For: Janet Haugen
Stock symbol
JNPR
Transactions as of
May 9, 2023
Transactions value $
$0
Form type
4
Date filed
5/11/2023, 04:41 PM
Previous filing
May 27, 2022
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +7.11K +24.23% $0.00 36.4K May 9, 2023 Direct

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 Options Exercise $0 -7.11K -100% $0.00* 0 May 9, 2023 Common Stock 7.11K $0.00 Direct F1, F2
transaction JNPR RSU Award Award $0 +7.68K $0.00 7.68K May 10, 2023 Common Stock 7.68K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 2022 annual stockholder meeting, which was held on May 11, 2022. The company held its 2023 annual stockholder meeting on May 10, 2023; accordingly, this RSU award vested in full on May 9, 2023.
F2 Column 8 is not an applicable reportable field.
F3 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 10, 2024, 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.