SEC Form 4 · accession 0001043604-15-000030
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Davidson
Officer — EVP Juniper Dev & Innovation
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 7:53 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,F3 | Feb 20, 2015 | M | 11,820 | $0.00 | A | 40,851 | D | |
| Common StockF4 | Feb 20, 2015 | F | 4,530 | $24.20 | D | 36,321 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF6,F5 | $0.00 | Feb 20, 2015 | M | 11,820 | D | Feb 15, 2015 | Feb 15, 2015 | Common Stock | 11,820 | 26,930 | 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.
- F3Amount of securities owned includes 1,075 shares acquired by the reporting person under the Juniper Networks, Inc. 2008 Employee Stock Purchase Plan on 01/30/2015.
- F4Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
- F5Represents number of shares earned and vested under the performance share award granted. The shares vest on the third year anniversary of the grant date and upon determination of the achievement of certain Company performance targets over the three year period.
- F6Column 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.