SEC Form 4 · accession 0001043604-16-000251
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Kriens
Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 7:02 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 Stock | May 19, 2016 | M | 10,069 | $0.00 | A | 130,122 | D | |
| Common StockF1 | holding | — | — | — | 2,000,000 | I | 20y Remainder Trust | |
| Common StockF2 | holding | — | — | — | 4,030,896 | I | by 1996 Kriens Trust | |
| Common StockF3 | holding | — | — | — | 180,000 | I | by KDI Trust LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSU AwardF5,F4 | $0.00 | May 19, 2016 | M | 10,069 | D | May 19, 2016 | May 19, 2016 | Common Stock | 10,069 | 0 | D |
Explanation of responses
- F1Shares held by the 2010 Kriens 20 Year Charitable Remainder Trust, of which the reporting person holds a pecuniary interest.
- F2Held by the Kriens 1996 Trust U/T/A October 29, 1996 over which the Reporting Person and his spouse exercise investment and voting control.
- F3Shares held by the KD1 Trust LP, of which the reporting person holds a pecuniary interest.
- F4Pursuant to the terms of the Juniper Networks, Inc. 2015 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 at the 2015 annual stockholder meeting, which was held on May 19, 2015. The company has announced that its 2016 annual stockholder meeting will be on May 25, 2016; accordingly, this RSU award vests in full on May 19, 2016.
- F5Column 8 is not an applicable reportable field.