Rahul N. Merchant - May 10, 2024 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role
Director
Signature
By: /s/ Colin Lloyd, as attorney-in-fact For: Rahul Merchant
Stock symbol
JNPR
Transactions as of
May 10, 2024
Transactions value $
$0
Form type
4
Date filed
5/13/2024, 07:08 PM
Previous filing
Jul 31, 2023
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +7.68K +12.53% $0.00 69K May 10, 2024 Direct
holding JNPR Common Stock 12.5K May 10, 2024 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 Options Exercise $0 -7.68K -100% $0.00* 0 May 10, 2024 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 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 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 2023 annual stockholder meeting, which was held on May 10, 2023. The company will hold its 2024 annual stockholder meeting on June 4, 2024; accordingly, this RSU award vested in full on May 10, 2024.
F3 Column 8 is not an applicable reportable field.