Peter Y. Chung - 20 May 2024 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 May 2024, 16:31:15 UTC
Prior SEC filing
10 May 2024
Next SEC filing
15 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Adam H Hennessey, POA for Peter Y. Chung

Key filing fact

Peter Y. Chung filed Form 4 for A10 Networks, Inc. (ATEN) on 22 May 2024.

Key facts

  • This page summarizes Peter Y. Chung's Form 4 filing for A10 Networks, Inc. (ATEN).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 22 May 2024, 16:31.

Change

  • Previous filing in this sequence was filed on 10 May 2024.
  • Current net transaction value: -$50,759,124.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ATEN transaction

Common Stock

Sale

Transaction value
$50,759,124
Shares
-3,296,047
Change %
-84%
Price
$15.40
Shares after
619,166
Date
20 May 2024
Ownership
See Remarks
Footnotes
F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents 2,402,901 shares sold by Summit Partners Growth Equity Fund VIII-A, L.P., 877,861 shares sold by Summit Partners Growth Equity Fund VIII-B, L.P., 14,049 shares sold by Summit Investors I, LLC, and 1,236 shares sold by Summit Investors I (UK), L.P.

Footnote F2

The reported securities are held as follows: 314,791 shares in the name of Summit Partners Growth Equity Fund VIII-A, L.P.; 115,005 shares in the name of Summit Partners Growth Equity Fund VIII-B, L.P.; 1,840 shares in the name of Summit Investors I, LLC; 163 shares in the name of Summit Investors I (UK), L.P.; 187,367 shares and restricted stock units in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P.

Footnote F3

Mr. Chung holds any Common Stock and restricted stock units for the benefit of Summit Partners, L.P., which he as empowered to determine when the underlying shares will be sold and which is entitled to the proceeds of any such sales.

Footnote F4

(Continued from footnote 3) 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 Issuer.

Footnote F5

(Continued from footnote 4) Summit Partners, L.P., through a two-person Investment Committee, responsible for voting and investment decisions with respect to the Issuer, currently composed of Scott C. Collins 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 and restricted stock units. Summit Partners, L.P., Mr. Collins 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.

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