SEC Form 4 · accession 0001043604-17-000033

JUNIPER NETWORKS INC · JNPR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Vincent Molinaro

Officer — EVP Chief Customer Officer

Period of report

Feb 17, 2017

Accepted (ET)

Feb 22, 2017 · 8:29 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
Common Stock	Feb 17, 2017	M	20,822	$0.00	A	20,822	D
Common Stock	Feb 17, 2017	F	7,988	$28.39	D	12,834	D
Common Stock	Feb 19, 2017	M	7,694	$0.00	A	20,528	D
Common Stock	Feb 19, 2017	F	3,328	$28.39	D	17,200	D
Common Stock	Feb 19, 2017	M	8,197	$0.00	A	25,397	D
Common Stock	Feb 19, 2017	F	4,278	$28.39	D	21,119	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Stock Unit^F3,F2	$0.00	Feb 17, 2017	M	20,822	D	Feb 17, 2017	Feb 17, 2017	Common Stock	20,822	0	D
Performance Stock Unit^F3,F4	$0.00	Feb 19, 2017	M	7,694	D	Feb 19, 2017	Feb 19, 2018	Common Stock	7,694	7,694	D
Performance Stock Unit^F3,F5	$0.00	Feb 17, 2017	A	17,850	A	Feb 17, 2018	Feb 17, 2019	Common Stock	17,850	17,850	D
Performance Stock Unit^F3,F6	$0.00	Feb 17, 2017	A	45,600	A	Feb 17, 2020	Feb 17, 2020	Common Stock	45,600	45,600	D
Performance Stock Unit^F3,F7	$0.00	Feb 17, 2017	A	22,800	A	Jan 1, 2018	Dec 31, 2021	Common Stock	22,800	22,800	D
RSU Award^F3,F8	$0.00	Feb 19, 2017	M	8,197	D	Feb 19, 2017	Feb 19, 2019	Common Stock	8,197	15,909	D
RSU Award^F3,F8	$0.00	Feb 17, 2017	A	23,400	A	Feb 17, 2018	Feb 17, 2020	Common Stock	23,400	23,400	D

Explanation of responses

F1Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
F2Represents the number of shares earned and vested under the performance share award. The shares vest on approximately the third year anniversary of the grant date and following determination by the Compensation Committee of the achievement of certain Company performance targets.
F3Column 8 is not an applicable reportable field.
F4Represents the maximum quantity of shares issuable. The exact number of shares issuable will be determined based on achievement of certain Company performance targets for the 2016 fiscal year, as determined by the Compensation Committee of the Board. The executive can earn either 0% or 100% of the target shares that will vest 50% each year over a two year period.
F5Represents the maximum quantity of shares issuable. The exact number of shares issuable will be determined based on achievement of certain Company performance targets for the 2017 fiscal year, as determined by the Compensation Committee of the Board. The executive can earn either 0% or 100% of the target shares that will vest 50% each year over a two year period.
F6Represents the maximum quantity of shares issuable. The exact number of shares issuable with respect to each of three performance years will be determined based on achievement of certain Company performance targets for each year, as determined by the Compensation Committee of the Board. The executive can earn between 0% and 200% of the target shares with respect to each year. No shares vest or are issued until after the third performance year.
F7The number of shares represents the maximum quantity of shares issuable pursuant to this performance share award.The exact number of shares issuable will be based upon achievement of specific stock price targets for the Issuer sustained over a period of 60 consecutive trading days during a 4 year period commencing on January 1, 2018.
F8This awards vests from the original grant date as to thirty-four percent on the one year anniversary of the grant date and thirty-three percent annually on the second anniversary and third anniversary.