Marcus Jewell - Feb 18, 2022 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Signature
/s/ Dena Acevedo, as Attorney-in-Fact for Marcus Jewell
Stock symbol
JNPR
Transactions as of
Feb 18, 2022
Transactions value $
-$1,723,550
Form type
4
Date filed
2/23/2022, 06:17 PM
Previous filing
Aug 18, 2021
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +65.2K +468.89% $0.00 79.2K Feb 18, 2022 Direct F1
transaction JNPR Common Stock Tax liability -$1.09M -31.7K -40.1% $34.32 47.4K Feb 18, 2022 Direct
transaction JNPR Common Stock Options Exercise $0 +18.7K +39.51% $0.00 66.1K Feb 19, 2022 Direct
transaction JNPR Common Stock Tax liability -$349K -10.2K -15.37% $34.32 56K Feb 19, 2022 Direct
transaction JNPR Common Stock Options Exercise $0 +15.3K +27.35% $0.00 71.3K Feb 21, 2022 Direct
transaction JNPR Common Stock Tax liability -$285K -8.31K -11.54% $34.32 63.7K Feb 21, 2022 Direct F2

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 Award $0 +51.3K $0.00 51.3K Feb 18, 2022 Common Stock 51.3K $0.00 Direct F3
transaction JNPR Performance Stock Award Award $0 +14.5K $0.00 14.5K Feb 18, 2022 Common Stock 14.5K $0.00 Direct F4
transaction JNPR Performance Stock Award Award $0 +12.3K +148.32% $0.00 20.5K Feb 18, 2022 Common Stock 12.3K $0.00 Direct F5, F6
transaction JNPR Performance Stock Award Award $0 +39.4K +152.68% $0.00 65.2K Feb 18, 2022 Common Stock 39.4K $0.00 Direct F6, F7
transaction JNPR Performance Stock Award Options Exercise $0 -65.2K -100% $0.00* 0 Feb 18, 2022 Common Stock 65.2K $0.00 Direct F1
transaction JNPR RSU Award Options Exercise $0 -18.7K -34% $0.00 36.4K Feb 19, 2022 Common Stock 18.7K $0.00 Direct F8
transaction JNPR RSU Award Options Exercise $0 -15.3K -50% $0.00 15.3K Feb 21, 2022 Common Stock 15.3K $0.00 Direct F9
* 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 03/15/2019. The shares vested in full on 2/18/2022 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 Includes 762 shares purchased under the Company's ESPP.
F3 This award vests thirty-four percent on the one year anniversary of February 18, 2022 and thirty-three percent annually on the second anniversary and third anniversary.
F4 Represents one tranche of an 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. This tranche will vest in the first quarter of 2024 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.
F5 Represents one tranche of an award granted in the first quarter of 2020. 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 2024 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.
F6 Represents the total number of shares earned under the performance stock award as of the transaction date.
F7 Represents (i) one tranche of the performance award and (ii) the total stockholder return tranche of the award granted on 3/15/2019. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee. These tranches vested on 2/18/2022 as described in footnote (1).
F8 This award vests thirty-four percent on the one year anniversary of February 19, 2021 and thirty-three percent annually on the second anniversary and third anniversary.
F9 This award vests thirty-four percent on the one year anniversary of February 21, 2020 and thirty-three percent annually on the second anniversary and third anniversary.