SEC Form 4 · accession 0001043604-18-000002
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 16, 2018
Accepted (ET)
Feb 21, 2018 · 5:25 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 Stock | Feb 16, 2018 | M | 17,989 | $0.00 | A | 17,989 | D | |
| Common StockF1 | Feb 16, 2018 | F | 5,863 | $26.35 | D | 12,126 | D | |
| Common Stock | Feb 17, 2018 | M | 7,956 | $0.00 | A | 20,082 | D | |
| Common StockF1 | Feb 17, 2018 | F | 2,495 | $26.35 | D | 17,587 | D | |
| Common Stock | Feb 19, 2018 | M | 7,955 | $0.00 | A | 25,542 | D | |
| Common StockF1 | Feb 19, 2018 | F | 2,494 | $26.35 | D | 23,048 | D | |
| Common Stock | Feb 19, 2018 | M | 7,694 | $0.00 | A | 30,742 | D | |
| Common StockF1 | Feb 19, 2018 | F | 2,959 | $26.35 | D | 27,783 | D | |
| Common StockF3 | Feb 21, 2018 | S | 7,647 | $26.2064 | D | 20,136 | 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 UnitF5,F4 | $0.00 | Feb 19, 2018 | M | 7,694 | D | Feb 19, 2017 | Feb 19, 2018 | Common Stock | 7,694 | 0 | D |
| Performance Stock UnitF5,F6 | $0.00 | Feb 16, 2018 | M | 17,989 | D | Mar 20, 2018 | Mar 20, 2018 | Common Stock | 17,989 | 0 | D |
| RSU AwardF5,F7 | $0.00 | Feb 19, 2018 | M | 7,955 | D | Feb 19, 2017 | Feb 19, 2019 | Common Stock | 7,955 | 7,954 | D |
| RSU AwardF5,F7 | $0.00 | Feb 17, 2018 | M | 7,956 | D | Feb 17, 2018 | Feb 17, 2020 | Common Stock | 7,956 | 15,444 | 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.
- F2Transaction pursuant to the Reporting Person's 10b5-1 Plan.
- F3The 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.
- F4The exact number of shares issued was determined based on achievement of certain Company performance targets for the 2016 fiscal year, as determined by the Compensation Committee of the Board.
- F5Column 8 is not an applicable reportable field.
- F6Represents 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.
- F7This 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.