SEC Form 4 · accession 0001043604-15-000024
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell L Gaynor
Officer — EVP General Counsel
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 7:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043604
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 20, 2015 | M | 22,880 | $0.00 | A | 56,388 | D | |
| Common StockF3 | Feb 20, 2015 | F | 8,600 | $24.20 | D | 47,788 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF5,F4 | $0.00 | Feb 20, 2015 | M | 22,880 | D | Feb 20, 2015 | Feb 20, 2015 | Common Stock | 22,880 | 52,120 | D |
Explanation of responses
- F1Represents the issuance of common stock pursuant to the vest of performance share award.
- F2Represents the per share price for the award.
- F3Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
- F4All of the shares earned over the three year period will vest, provided that the reporting person is still providing service to the Company, after the final calculation is approved by the Compensation Committee.
- F5Column 9 represents the amount of shares, based on the maximum earnable amount, that were not earned. The remaining portion of share award cancelled as unearned.