SEC Form 4 · accession 0001043604-18-000007
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrance F Spidell
Officer — Corp VP Corp Controller & CAO
Period of report
Feb 17, 2018
Accepted (ET)
Feb 21, 2018 · 6:47 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 17, 2018 | M | 3,944 | $0.00 | A | 3,944 | D | |
| Common StockF1 | Feb 17, 2018 | F | 1,485 | $26.35 | D | 2,459 | D | |
| Common Stock | Feb 17, 2018 | M | 2,437 | $0.00 | A | 4,896 | D | |
| Common StockF1 | Feb 17, 2018 | F | 994 | $26.35 | D | 3,902 | D | |
| Common Stock | Feb 19, 2018 | M | 2,089 | $0.00 | A | 5,991 | D | |
| Common StockF1 | Feb 19, 2018 | F | 723 | $26.35 | D | 5,268 | D | |
| Common Stock | Feb 19, 2018 | M | 4,785 | $0.00 | A | 10,053 | D | |
| Common StockF1 | Feb 19, 2018 | F | 1,644 | $26.35 | D | 8,409 | D | |
| Common Stock | Feb 20, 2018 | S | 8,409 | $26.4701 | D | 0 | 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 UnitF3,F2 | $0.00 | Feb 19, 2018 | M | 2,089 | D | Mar 20, 2016 | Feb 19, 2018 | Common Stock | 2,089 | 0 | D |
| Performance Stock UnitF3,F4 | $0.00 | Feb 17, 2018 | M | 2,437 | D | Feb 17, 2018 | Feb 17, 2019 | Common Stock | 2,437 | 2,438 | D |
| RSU AwardF3,F5 | $0.00 | Feb 19, 2018 | M | 4,785 | D | Feb 19, 2017 | Feb 19, 2019 | Common Stock | 4,785 | 4,785 | D |
| RSU AwardF3,F5 | $0.00 | Feb 17, 2018 | M | 3,944 | D | Feb 17, 2018 | Feb 17, 2020 | Common Stock | 3,944 | 7,656 | 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.
- F2The 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.
- F3Column 8 is not an applicable reportable field.
- F4The exact number of shares issued was determined by the Compensation Committee of the Board and will vest in equal installments over two years.
- F5This 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.