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

Role: EVP, Chief Revenue Officer
Signature: /s/ Dena Acevedo, as Attorney-in-Fact for Marcus Jewell
Issuer symbol: JNPR
Transactions as of: 18 Feb 2022
Net transactions value: -$1,723,550
Form type: 4
Filing time: 23 Feb 2022, 18:17:46 UTC
Previous filing: 18 Aug 2021
Next filing: 04 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JNPR	Common Stock	Options Exercise	$0	+65,241	+469%	$0.000000	79,155	18 Feb 2022	Direct	F1
transaction	JNPR	Common Stock	Tax liability	$1,089,420	-31,743	-40%	$34.32	47,412	18 Feb 2022	Direct
transaction	JNPR	Common Stock	Options Exercise	$0	+18,734	+40%	$0.000000	66,146	19 Feb 2022	Direct
transaction	JNPR	Common Stock	Tax liability	$348,828	-10,164	-15%	$34.32	55,982	19 Feb 2022	Direct
transaction	JNPR	Common Stock	Options Exercise	$0	+15,312	+27%	$0.000000	71,294	21 Feb 2022	Direct
transaction	JNPR	Common Stock	Tax liability	$285,302	-8,313	-12%	$34.32	63,743	21 Feb 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	+51,300		$0.000000	51,300	18 Feb 2022	Common Stock	51,300	$0.000000	Direct	F3
transaction	JNPR	Performance Stock Award	Award	$0	+14,546		$0.000000	14,546	18 Feb 2022	Common Stock	14,546	$0.000000	Direct	F4
transaction	JNPR	Performance Stock Award	Award	$0	+12,250	+148%	$0.000000	20,509	18 Feb 2022	Common Stock	12,250	$0.000000	Direct	F5, F6
transaction	JNPR	Performance Stock Award	Award	$0	+39,421	+153%	$0.000000	65,241	18 Feb 2022	Common Stock	39,421	$0.000000	Direct	F6, F7
transaction	JNPR	Performance Stock Award	Options Exercise	$0	-65,241	-100%	$0.000000^*	0	18 Feb 2022	Common Stock	65,241	$0.000000	Direct	F1
transaction	JNPR	RSU Award	Options Exercise	$0	-18,734	-34%	$0.000000	36,366	19 Feb 2022	Common Stock	18,734	$0.000000	Direct	F8
transaction	JNPR	RSU Award	Options Exercise	$0	-15,312	-50%	$0.000000	15,312	21 Feb 2022	Common Stock	15,312	$0.000000	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.