SEC Form 4 · accession 0001043604-18-000005
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
rami rahim
Officer — Chief Executive Officer · Director
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 5:32 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 | 58,937 | $0.00 | A | 58,937 | D | |
| Common StockF1 | Feb 16, 2018 | F | 23,790 | $26.35 | D | 35,147 | D | |
| Common StockF2 | Feb 16, 2018 | G | 35,147 | $0.00 | D | 0 | D | |
| Common Stock | Feb 17, 2018 | M | 32,149 | $0.00 | A | 32,149 | D | |
| Common StockF1 | Feb 17, 2018 | F | 15,940 | $26.35 | D | 16,209 | D | |
| Common StockF2 | Feb 17, 2018 | G | 16,209 | $0.00 | D | 0 | D | |
| Common Stock | Feb 19, 2018 | M | 27,481 | $0.00 | A | 27,481 | D | |
| Common StockF1 | Feb 19, 2018 | F | 13,626 | $26.35 | D | 13,855 | D | |
| Common Stock | Feb 19, 2018 | M | 22,630 | $0.00 | A | 36,485 | D | |
| Common StockF1 | Feb 19, 2018 | F | 11,220 | $26.35 | D | 25,265 | D | |
| Common StockF2 | Feb 19, 2018 | G | 25,265 | $0.00 | D | 0 | D | |
| Common StockF2,F3 | Feb 16, 2018 | G | 35,147 | $0.00 | A | 607,482 | I | Living Trust |
| Common StockF2 | Feb 17, 2018 | G | 16,209 | $0.00 | A | 623,691 | I | Living Trust |
| Common StockF2 | Feb 19, 2018 | G | 25,265 | $0.00 | A | 648,956 | I | Living Trust |
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 16, 2018 | M | 58,937 | D | Feb 16, 2018 | Feb 16, 2018 | Common Stock | 58,937 | 0 | D |
| Performance Stock UnitF5,F6 | $0.00 | Feb 19, 2018 | M | 22,630 | D | Feb 19, 2017 | Feb 19, 2018 | Common Stock | 22,630 | 0 | D |
| RSU AwardF5,F7 | $0.00 | Feb 19, 2018 | M | 27,481 | D | Feb 19, 2017 | Feb 19, 2019 | Common Stock | 27,481 | 27,481 | D |
| RSU AwardF5,F7 | $0.00 | Feb 17, 2018 | M | 32,149 | D | Feb 17, 2018 | Feb 17, 2020 | Common Stock | 32,149 | 62,404 | 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 transfer of shares to the Rahim Family Trust from the reporting person immediately upon vesting of the Restricted Stock Unit and/or Performance Stock Unit.
- F3The total reflects transfers that occurred over time, without consideration, from the reporting person to the Rahim Family Trust.
- F4Represents 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.
- F5Column 8 is not an applicable reportable field.
- F6The 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.
- 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.