SEC Form 4 · accession 0001043604-15-000099
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rahul N Merchant
Director
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 7:18 pm EDT
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 | May 18, 2015 | M | 2,442 | $0.00 | A | 2,442 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSU AwardF3,F2 | $0.00 | May 18, 2015 | M | 2,442 | D | May 18, 2015 | Mar 1, 2016 | Common Stock | 2,442 | 0 | D |
| RSU AwardF3,F4 | $0.00 | May 19, 2015 | A | 10,069 | A | May 19, 2016 | May 19, 2016 | Common Stock | 10,069 | 10,069 | D |
Explanation of responses
- F1Per share price not applicable because the shares of common stock were acquired pursuant to the vest of a restricted stock unit.
- F2Pursuant to the terms of the Juniper Networks, Inc. 2006 Equity Incentive Plan, the restricted stock unit ("RSU") award becomes 100% vested on the earlier of (A) the one year anniversary of the grant date, and (B) the day prior to the date of the Company's next annual stockholder meeting, subject to the individual maintaining continuous status as a director through the vesting date. The RSU award was granted on March 1 2015. The company held its 2015 annual stockholder meeting on May 19, 2015; accordingly, this RSU award vests in full on May 18, 2015.
- F3Column 8 is not an applicable reportable field.
- F4The restricted stock unit is automatically granted pursuant to the terms of the Juniper Networks, Inc. 2015 Equity Incentive Plan to each non-employee director who is elected at (or whose term continues after) the company's annual stockholder meeting. The award will become 100% vested on the earlier of (A) the one year anniversary of the grant date, and (B) the day prior to the date of the company's next annual stockholder meeting, subject in either case to the director maintaining continuous status as a director through the vesting date.