Brian Becker - Jan 30, 2024 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Signature
/s/ Jill Osato, Attorney-in-fact
Stock symbol
ATEN
Transactions as of
Jan 30, 2024
Transactions value $
$0
Form type
4
Date filed
1/31/2024, 04:07 PM
Previous filing
Jan 26, 2024
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Award $0 +16.9K +43.75% $0.00 55.6K Jan 30, 2024 Direct F1

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 Performance-based Restricted Stock Units Award $0 +25.4K $0.00 25.4K Jan 30, 2024 Common Stock 25.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the total RSUs will vest on each of the first three (3) anniversaries of the Vesting Commencement Date (2/1/2024), provided that the Reporting Person continues to serve through each such vesting date.
F2 Each share is represented by a Performance-based Restricted Stock Unit ("PSU").
F3 Grant of 25,405 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject to the achievement of specified levels of the volume weighted average closing prices of a share of ATEN common stock during any one hundred (100) day period between January 30, 2024 and January 30, 2028. Vesting is subject to continued employment with the Company through the applicable vesting date, which occurs in three equal annual installments beginning on the date of achievement of the milestone and the balance on the first and second anniversaries of the corresponding performance milestone.