Brian Becker - Aug 18, 2023 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Signature
/s/ Jill Osato, as Attorney-in-Fact
Stock symbol
ATEN
Transactions as of
Aug 18, 2023
Transactions value $
-$22,500
Form type
4
Date filed
8/21/2023, 08:14 PM
Previous filing
Aug 9, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Sale -$22.5K -1.56K -3.6% $14.46 41.6K Aug 18, 2023 Direct F1, F2
* 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.
F2 This is the weighted average price of the shares sold, which ranged from $14.43 to $14.46 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.