SEC Form 4 · accession 0001043604-17-000028
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pradeep Sindhu
Officer — EVP CTO and Chief Scientist · Director
Period of report
Feb 16, 2017
Accepted (ET)
Feb 21, 2017 · 5:06 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 Stock | Feb 16, 2017 | M | 100,000 | $27.44 | A | 120,798 | D | |
| Common StockF1 | Feb 16, 2017 | S | 100,000 | $27.9589 | D | 20,798 | D | |
| Common StockF1 | Feb 16, 2017 | S | 19,200 | $28.0165 | D | 882,676 | I | by Family LP |
| Common StockF1 | Feb 16, 2017 | S | 57,700 | $28.0182 | D | 2,106,787 | I | by Family Trust |
| Common Stock | holding | — | — | — | 585,000 | I | Bertrand 2016 GRAT | |
| Common Stock | holding | — | — | — | 585,000 | I | Sindhu 2016 GRAT |
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)F4,F3 | $27.44 | Feb 16, 2017 | M | 100,000 | D | Feb 19, 2011 | Feb 19, 2017 | Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1The sale price represents the weighted average sale price per share. The Company can provide the full information regarding the number of shares sold at each separate price upon further request.
- F2Transaction pursuant to the Reporting Person's 10b5-1 Plan.
- F3Vests as to 25% of the shares subject to the option one year from the grant date and the balance shall vest 1/48th of the total shares granted each month thereafter.
- F4Column 8 is not an applicable reportable field.