rami rahim - Jan 2, 2024 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role
Chief Executive Officer, Director
Signature
By: /s/ Colin Lloyd, as attorney-in-fact For: Rami Rahim
Stock symbol
JNPR
Transactions as of
Jan 2, 2024
Transactions value $
-$494,972
Form type
4
Date filed
1/4/2024, 05:36 PM
Previous filing
Dec 6, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Sale -$163K -5.56K -0.64% $29.29 857K Jan 2, 2024 Living Trust F1, F2
transaction JNPR Common Stock Sale -$166K -5.56K -0.65% $29.83 852K Jan 3, 2024 Living Trust F1, F3
transaction JNPR Common Stock Sale -$166K -5.56K -0.65% $29.96 846K Jan 4, 2024 Living Trust F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions set forth herein are made pursuant to a plan adopted on May 27, 2023, that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.18 to $29.445, inclusive. The reporting person undertakes to provide to Juniper Networks, any security holder of Juniper Networks, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3) and (4) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.270 to $30.275, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.765 to $30.145, inclusive.