Matthew P. Bruening - May 8, 2023 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Signature
/s/ Jill Osato, Attorney-in-fact
Stock symbol
ATEN
Transactions as of
May 8, 2023
Transactions value $
-$38,115
Form type
4
Date filed
5/10/2023, 04:22 PM
Previous filing
Mar 15, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Sale -$38.1K -2.77K -2.22% $13.78 122K May 8, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligations in connection with the vesting of restricted stock units.