SEC Form 4 · accession 0001043604-16-000195
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
rami rahim
Officer — Chief Executive Officer · Director
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 7:25 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 | Jan 29, 2016 | M | 17,500 | $15.09 | A | 453,709 | D | |
| Common StockF3 | Jan 29, 2016 | S | 17,500 | $23.12 | D | 436,209 | D | |
| Common Stock | Feb 1, 2016 | M | 31,250 | $0.00 | A | 467,459 | D | |
| Common StockF4 | Feb 1, 2016 | F | 16,307 | $24.33 | D | 451,152 | D | |
| Common Stock | holding | — | — | — | 29,853 | I | Living Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F5 | $15.09 | Jan 29, 2016 | M | 17,500 | D | Mar 20, 2010 | Mar 20, 2016 | Common Stock | 17,500 | 0 | D |
| Performance SharesF6,F7,F5,F8 | $0.00 | Feb 1, 2016 | M | 31,250 | D | Feb 1, 2016 | Mar 20, 2017 | Common Stock | 31,250 | 31,250 | D |
Explanation of responses
- F1Non-Qualified Stock Option exercise price.
- F2Transaction pursuant to the Reporting Person's 10b5-1 Plan.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.96 to $23.46, inclusive. The reporting person undertakes to provide to Juniper Networks, any security holder of Juniper Networks, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F4Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
- F5Column 8 is not an applicable reportable field.
- F6This is a Performance Stock Unit
- F7The exact number of shares issued was determined based on achievement of certain Company performance targets for the 2015 fiscal year, as determined by the Compensation Committee of the Board. The remaining unvested shares will vest on February 1, 2017.
- F8The original Form 4 filed on March 24, 2015 erroneously indicated that the Date Exercisable of the performance share award was March 20, 2016. The correct Date Exercisable is February 1, 2016.