Robert D. Cochran - Jun 9, 2022 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Role
EVP Legal & Corp Collaboration
Signature
/s/ Robert D. Cochran
Stock symbol
ATEN
Transactions as of
Jun 9, 2022
Transactions value $
-$537,038
Form type
4
Date filed
6/10/2022, 08:12 PM
Previous filing
Jun 2, 2022
Next filing
Jun 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Options Exercise $390K +45.9K +13.57% $8.51 384K Jun 9, 2022 Direct
transaction ATEN Common Stock Tax liability -$537K -34.5K -9% $15.56 349K Jun 9, 2022 Direct F1, 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 ATEN Employee Stock Option (right to buy) Options Exercise -$390K -45.9K -100% $8.51 0 Jun 9, 2022 Common Stock 45.9K $8.51 Direct F3
* 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 sold to cover the exercise price and tax withholding obligations in connection with the exercise of 45,850 stock options.
F2 This is the weighted average price of the shares sold, which ranged from $15.50 to $15.65 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 The non-statutory stock option award vested as to 1/48th per month commencing on the one-month anniversary of October 24, 2013.