rami rahim - Feb 16, 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
Feb 16, 2024
Transactions value $
-$8,038,961
Form type
4
Date filed
2/20/2024, 05:29 PM
Previous filing
Feb 16, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +238K $0.00 238K Feb 16, 2024 Direct F1
transaction JNPR Common Stock Tax liability -$4.64M -126K -52.67% $36.92 113K Feb 16, 2024 Direct F2
transaction JNPR Common Stock Options Exercise $0 +53.2K +47.19% $0.00 166K Feb 18, 2024 Direct
transaction JNPR Common Stock Tax liability -$1.03M -28K -16.88% $36.92 138K Feb 18, 2024 Direct F2
transaction JNPR Common Stock Options Exercise $0 +62.3K +45.11% $0.00 200K Feb 19, 2024 Direct
transaction JNPR Common Stock Tax liability -$1.21M -32.8K -16.37% $36.92 168K Feb 19, 2024 Direct F2
transaction JNPR Common Stock Options Exercise $0 +59.6K +35.56% $0.00 227K Feb 20, 2024 Direct
transaction JNPR Common Stock Tax liability -$1.16M -31.4K -13.81% $36.90 196K Feb 20, 2024 Direct F2
transaction JNPR Common Stock Gift $0 -196K -100% $0.00* 0 Feb 20, 2024 Direct F3
transaction JNPR Common Stock Gift $0 +196K +23.6% $0.00 1.03M Feb 20, 2024 Living Trust F3

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 Options Exercise $0 -238K -100% $0.00* 0 Feb 16, 2024 Common Stock 238K $0.00 Direct F1, F4
transaction JNPR RSU Award Options Exercise $0 -62.3K -100% $0.00* 0 Feb 19, 2024 Common Stock 62.3K $0.00 Direct F4, F5
transaction JNPR RSU Award Options Exercise $0 -53.2K -50% $0.00 53.2K Feb 18, 2024 Common Stock 53.2K $0.00 Direct F4, F5
transaction JNPR RSU Award Options Exercise $0 -59.6K -34% $0.00 116K Feb 20, 2024 Common Stock 59.6K $0.00 Direct F4, F5
transaction JNPR RSU Award Award $0 +155K $0.00 155K Feb 20, 2024 Common Stock 155K $0.00 Direct F4, F5
* 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 2/19/2021. The shares vested in full on 2/16/2024 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 released share award for the payment of applicable income and payroll withholding taxes due on release.
F3 Represents the transfer of shares to the Rahim Family Trust from the reporting person immediately upon vesting of the Restricted Stock Unit and/or Performance Stock Unit.
F4 Column 8 is not an applicable reportable field.
F5 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.