Karen S. Thomas - Sep 6, 2024 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Role
EVP, Worldwide Sales and Mkt
Signature
/s/ Jill Osato, Attorney-in-fact
Stock symbol
ATEN
Transactions as of
Sep 6, 2024
Transactions value $
-$24,183
Form type
4
Date filed
9/9/2024, 05:42 PM
Previous filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Tax liability -$23.3K -1.73K -5.44% $13.45 30K Sep 6, 2024 Direct F1, F2
transaction ATEN Common Stock Tax liability -$928 -69 -0.23% $13.45 30K Sep 6, 2024 Direct F3
* 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 September 7, 2023 restricted stock unit grant that vested on September 5, 2024.
F2 Includes 1,500 shares acquired by the Reporting Person on May 31, 2024 pursuant to the Issuer's Employee Stock Purchase Plan.
F3 Shares withheld, on a non-discretionary basis, for tax purposes related to September 21, 2023 restricted stock unit grant that vested on September 5, 2024.