| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | JNPR | Common Stock | Sale | -$556K | -15K | -48.55% | $37.08 | 15.9K | Feb 15, 2024 | Direct | F1, F2, F3 |
| holding | JNPR | Common Stock | 181K | Feb 14, 2024 | by Trust |
| 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 | +46.4K | +179.89% | $0.00 | 72.1K | Feb 14, 2024 | Common Stock | 46.4K | $0.00 | Direct | F4, F5 |
| transaction | JNPR | Performance Stock Unit | Award | $0 | +7.55K | +83.24% | $0.00 | 16.6K | Feb 14, 2024 | Common Stock | 7.55K | $0.00 | Direct | F5, F6 |
| transaction | JNPR | Performance Stock Unit | Award | $0 | +9.24K | $0.00 | 9.24K | Feb 14, 2024 | Common Stock | 9.24K | $0.00 | Direct | F5, F7 |
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).
| Id | Content |
|---|---|
| F1 | The transactions set forth herein are made pursuant to a plan adopted on March 14, 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 $37.05 to $37.12, 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 footnote (2) to this Form 4. |
| F3 | Amount of securities owned includes 893 shares acquired by the reporting person under the Juniper Networks, Inc. 2008 Employee Stock Purchase Plan on 01/31/2024. |
| F4 | Represents (i) one tranche of the performance award and (ii) the total stockholder return tranche of the 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. The tranches will vest on 2/16/2024 subject to the reporting person's service through the settlement date. |
| F5 | Column 8 is not an applicable reportable field. |
| F6 | Represents one tranche of an award granted in the first quarter of 2022. 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 2025 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 2023. 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 2026 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. |