SEC Form 4 · accession 0001043604-17-000015
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pradeep Sindhu
Officer — EVP CTO · Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 6:31 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 | Feb 1, 2017 | M | 10,715 | $0.00 | A | 32,619 | D | |
| Common Stock | Feb 1, 2017 | F | 4,283 | $26.81 | D | 28,336 | D | |
| Common Stock | Feb 1, 2017 | G | 7,538 | $0.00 | D | 20,798 | D | |
| Common Stock | Feb 1, 2017 | G | 7,538 | $0.00 | A | 2,279,887 | I | by Family Trust |
| Common Stock | holding | — | — | — | 585,000 | I | Bertrand 2016 GRAT | |
| Common Stock | holding | — | — | — | 585,000 | I | Sindhu 2016 GRAT | |
| Common Stock | holding | — | — | — | 940,276 | I | by Family LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF5,F4 | $0.00 | Feb 1, 2017 | M | 10,715 | D | Feb 1, 2016 | Feb 1, 2017 | Common Stock | 10,715 | 0 | D |
Explanation of responses
- F1Amount of securities owned includes 1,106 shares acquired by the reporting person under the Juniper Networks, Inc. 2008 Employee Stock Purchase Plan on 01/31/2017.
- F2Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
- F3Represents the transfer of shares to the Sindhu Family Trust from the reporting person immediately upon vesting of the Performance Stock Unit and the January 31, 2017 ESPP Purchase.
- F4The 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.
- F5Column 8 is not an applicable reportable field.