Dhrupad Trivedi - 06 Aug 2024 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Signature
/s/ Jill Osato, Attorney-in-fact
Issuer symbol
ATEN
Transactions as of
06 Aug 2024
Net transactions value
-$262,261
Form type
4
Filing time
08 Aug 2024, 16:48:54 UTC
Previous filing
14 Mar 2024
Next filing
30 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Tax liability $262,261 -21,116 -4.4% $12.42 453,582 06 Aug 2024 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 Shares withheld, on a non-discretionary basis, for tax purposes related to December 12, 2019 performance restricted stock unit grant that vested on August 5, 2024.