Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JNPR | Common Stock | Options Exercise | $0 | +11.6K | +22.95% | $0.00 | 62K | Dec 19, 2024 | Direct | F1 |
transaction | JNPR | Common Stock | Options Exercise | $0 | +11.1K | +17.94% | $0.00 | 73.1K | Dec 19, 2024 | Direct | F1 |
transaction | JNPR | Common Stock | Options Exercise | $0 | +20.6K | +28.17% | $0.00 | 93.7K | Dec 19, 2024 | Direct | F1 |
transaction | JNPR | Common Stock | Options Exercise | $0 | +37.5K | +40.02% | $0.00 | 131K | Dec 19, 2024 | Direct | F1 |
transaction | JNPR | Common Stock | Tax liability | -$1.57M | -42.5K | -32.42% | $37.00 | 88.7K | Dec 19, 2024 | Direct | F2 |
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 | -11.6K | -100% | $0.00 | 0 | Dec 19, 2024 | Common Stock | 11.6K | $0.00 | Direct | F1, F3 |
transaction | JNPR | RSU Award | Options Exercise | $0 | -11.1K | -100% | $0.00 | 0 | Dec 19, 2024 | Common Stock | 11.1K | $0.00 | Direct | F1, F4 |
transaction | JNPR | RSU Award | Options Exercise | $0 | -20.6K | -100% | $0.00 | 0 | Dec 19, 2024 | Common Stock | 20.6K | $0.00 | Direct | F1, F5 |
transaction | JNPR | RSU Award | Options Exercise | $0 | -37.5K | -100% | $0.00 | 0 | Dec 19, 2024 | Common Stock | 37.5K | $0.00 | Direct | F1, F6 |
Id | Content |
---|---|
F1 | In connection with that certain Agreement and Plan of Merger, dated as of January 9, 2024 (the "Merger Agreement"), entered into by and among Juniper Networks, Inc., a Delaware corporation (the "Issuer"), Hewlett Packard Enterprise Company, a Delaware corporation, and Jasmine Acquisition Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent, the Compensation Committee of the Issuer's Board of Directors (the "Committee") approved the acceleration of the payment of certain equity awards to mitigate certain adverse tax consequences under Section 280G or 4999 of the Internal Revenue Code of 1986, as amended, that could arise in connection with the anticipated transactions under the Merger Agreement. The accelerated settlement of equity awards reported in this Form 4 was contingent upon the reporting person's agreement to repay accelerated compensation amounts under certain conditions. |
F2 | Represents shares withheld from the released share awards for the payment of applicable income and payroll withholding taxes due on release. |
F3 | Represents performance-based restricted share units granted to the reporting person on February 20, 2022 and scheduled to vest in the first quarter of 2025 following certification by the Committee, subject to the reporting person's service through the settlement date. The number of performance-based restricted share units reported represents 100% of the 6,315 shares that were certified by the Committee on February 9, 2023 and 100% of the 5,257 shares that were certified by the Committee on February 14, 2024. |
F4 | Represents a grant of 33,700 shares granted to the reporting person on February 18, 2022 and scheduled to vest thirty-four percent on the one year anniversary of the grant date and thirty-three percent annually on the second anniversary and third anniversary. The number of RSUs reported represents 100% of the number of RSUs scheduled to vest on February 18, 2025. |
F5 | Represents a grant of 31,200 shares granted to the reporting person on February 20, 2023 and scheduled to vest thirty-four percent on the one year anniversary of the grant date and thirty-three percent annually on the second anniversary and third anniversary. The number of RSUs reported represents 100% of the number of RSUs scheduled to vest on February 20, 2025 and February 20, 2026. |
F6 | Represents a grant of 37,500 shares granted to the reporting person on February 20, 2024 and scheduled to vest thirty-four percent on the one year anniversary of the grant date and thirty-three percent annually on the second anniversary and third anniversary. The number of RSUs reported represents 100% of the number of RSUs scheduled to vest on February 20, 2025, February 20, 2026, and February 20, 2027. |