Summit Partners L P - Dec 7, 2021 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Role
Manager of GP of 10% owner
Signature
Summit Partners, L.P., by Summit Master Company, LLC, its GP, by /s/ Robin W. Devereux, Member
Stock symbol
ATEN
Transactions as of
Dec 7, 2021
Transactions value $
-$10,535,000
Form type
4
Date filed
12/10/2021, 05:05 AM
Previous filing
Oct 28, 2021
Next filing
Jun 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Sale -$10.5M -700K -7.31% $15.05 8.88M Dec 7, 2021 See Footnotes. F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Common Stock sold as follows: 510,318 shares in the name of Summit Partners Growth Equity Fund VIII-A, L.P.; 186,436 shares in the name of Summit Partners Growth Equity Fund VIII-B, L.P.; 2,984 shares in the name of Summit Investors I, LLC; 262 shares in the name of Summit Investors I (UK), L.P.
F2 The Common Stock held as follows: 6,362,818 shares in the name of Summit Partners Growth Equity Fund VIII-A, L.P.; 2,324,553 shares in the name of Summit Partners Growth Equity Fund VIII-B, L.P.; 37,202 shares in the name of Summit Investors I, LLC; 3,273 shares in the name of Summit Investors I (UK), L.P.; 150,044 shares (including shares underlying RSUs) in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P.
F3 Summit Partners, L.P. is the managing member of Summit Partners GE VIII, LLC, which is the general partner of Summit Partners GE VIII, L.P., which is the general partner of each of Summit Partners Growth Equity Fund VIII-A, L.P. and Summit Partners Growth Equity Fund VIII-B, L.P. Summit Master Company, LLC is the managing member of Summit Investors Management, LLC, which is the manager of Summit Investors I, LLC and the general partner of Summit Investors I (UK), L.P. Summit Partners GE VIII, LLC, as the general partner of Summit Partners GE VIII, L.P., and Summit Master Company, LLC, as the managing member of Summit Investors Management, LLC has each delegated investment decisions, including voting and dispositive power, to Summit Partners, L.P. and its Investment Committee responsible for voting and investment decisions with respect to the Company.
F4 Summit Partners, L.P., through a two-person Investment Committee responsible for voting and investment decisions with respect to the Company, currently composed of Martin J. Mannion and Mr. Chung, has voting and dispositive authority over the shares of Common Stock held by each of the entities described in the foregoing footnotes (2) and (3) and therefore may be deemed to beneficially own such shares. In addition, Mr. Chung is a member of Summit Master Company, LLC. Each of the Summit entities, Mr. Mannion and Mr. Chung disclaims beneficial ownership of the shares of Common Stock (including shares underlying RSUs) reported herein, except to the extent of their pecuniary interest therein.

Remarks:

Form 2 of 2