Summit Partners L P - Sep 8, 2022 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Role
10%+ Owner
Signature
Martin J. Mannion By: /s/ Adam H. Hennessey, POA for Martin J. Mannion
Stock symbol
ATEN
Transactions as of
Sep 8, 2022
Transactions value $
-$44,625,000
Form type
4
Date filed
9/9/2022, 04:31 PM
Previous filing
Jun 28, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Disposed to Issuer -$44.6M -3.5M -39.38% $12.75 5.39M Sep 8, 2022 See Remarks F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Summit Partners L P is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents 2,551,588 shares sold by Summit Partners Growth Equity Fund VIII-A, L.P., 932,181 shares sold by Summit Partners Growth Equity Fund VIII-B, L.P., 14,919 shares sold by Summit Investors I, LLC, and 1,312 shares sold by Summit Investors I (UK), L.P.
F2 The reported securities are held as follows: 3,811,230 shares in the name of Summit Partners Growth Equity Fund VIII-A, L.P.; 1,392,372 shares in the name of Summit Partners Growth Equity Fund VIII-B, L.P.; 22,283 shares in the name of Summit Investors I, LLC; 1,961 shares in the name of Summit Investors I (UK), L.P.; 160,360 shares and restricted stock units 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. Summit Partners, L.P., through a two-person Investment Committee, responsible for voting and investment decisions with respect to the Issuer, currently composed of Martin J. Mannion and Peter Y. Chung, has voting and dispositive authority over the shares and restricted stock units reported herein and therefore may be deemed to beneficially own such shares. Each of the Summit entities, Mr. Mannion and Mr. Chung each disclaim beneficial ownership of the shares of common stock and the restricted stock units, except to the extent of their respective pecuniary interest therein.