SEC Form 4 · accession 0001043604-19-000007
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Martin
Officer — SVP General Counsel
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 7:09 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 StockF1 | Feb 15, 2019 | M | 3,541 | $0.00 | A | 68,711 | D | |
| Common Stock | Feb 15, 2019 | F | 1,375 | $27.12 | D | 67,336 | D | |
| Common Stock | Feb 16, 2019 | M | 7,030 | $0.00 | A | 74,366 | D | |
| Common Stock | Feb 16, 2019 | F | 2,415 | $27.12 | D | 71,951 | D | |
| Common Stock | Feb 17, 2019 | M | 6,171 | $0.00 | A | 78,122 | D | |
| Common Stock | Feb 17, 2019 | F | 2,134 | $27.12 | D | 75,988 | D | |
| Common Stock | Feb 19, 2019 | M | 7,180 | $0.00 | A | 83,168 | D | |
| Common Stock | Feb 19, 2019 | F | 2,483 | $27.15 | D | 80,685 | 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 UnitF4,F3 | $0.00 | Feb 15, 2019 | M | 3,541 | D | Feb 15, 2019 | Feb 15, 2019 | Common Stock | 3,541 | 0 | D |
| Performance Stock UnitF4,F5 | $0.00 | Feb 16, 2019 | M | 7,030 | D | Feb 16, 2019 | Feb 16, 2020 | Common Stock | 7,030 | 7,031 | D |
| RSU AwardF4,F6 | $0.00 | Feb 19, 2019 | M | 7,180 | D | Feb 19, 2017 | Feb 19, 2019 | Common Stock | 7,180 | 0 | D |
| RSU AwardF4,F6 | $0.00 | Feb 17, 2019 | M | 6,171 | D | Feb 17, 2018 | Feb 17, 2020 | Common Stock | 6,171 | 6,171 | D |
Explanation of responses
- F1Amount of securities owned includes 567 shares acquired by the reporting person under the Juniper Networks, Inc. 2008 Employee Stock Purchase Plan on 01/31/2019.
- F2Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
- F3Represents number of shares earned and vested under the performance share award granted 2/19/2016. The shares vest on the third year anniversary of the grant date and upon determination of the achievement of certain Company performance targets over the three year period.
- F4Column 8 is not an applicable reportable field.
- F5The exact number of shares issued was determined by the Compensation Committee of the Board and will vest in equal installments over two years.
- F6This 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.