SEC Form 4 · accession 0001209191-16-110086
JUNIPER NETWORKS INC · JNPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pradeep Sindhu
Officer — EVP CTO · Director
Period of report
Mar 20, 2016
Accepted (ET)
Mar 22, 2016 · 5:50 pm EDT
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 | Mar 20, 2016 | M | 10,890 | $0.00 | A | 31,688 | D | |
| Common StockF1 | Mar 20, 2016 | F | 5,683 | $26.39 | D | 26,005 | D | |
| Common StockF2,F3 | Mar 20, 2016 | G | 5,207 | $0.00 | D | 20,798 | D | |
| Common StockF3 | Feb 29, 2016 | G | 1,170,000 | $0.00 | D | 2,493,683 | I | by Family Trust |
| Common StockF2 | Mar 20, 2016 | G | 5,207 | $0.00 | A | 2,498,890 | I | by Family Trust |
| Common Stock | Feb 29, 2016 | G | 585,000 | $0.00 | A | 585,000 | I | Sindhu 2016 GRAT |
| Common Stock | Feb 29, 2016 | G | 585,000 | $0.00 | A | 585,000 | I | Bertrand 2016 GRAT |
| Common Stock | holding | — | — | — | 1,017,076 | I | by Family LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSU AwardF7,F6 | $0.00 | Mar 20, 2016 | M | 10,890 | D | Mar 20, 2016 | Mar 20, 2018 | Common Stock | 10,890 | 21,138 | 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.
- F2Represent the transfer of shares to the Sindhu Family Trust from the reporting person immediately upon vesting of the Restricted Stock Unit.
- F3The total reflects transfers that occurred over time, without consideration, from the reporting person and his spouse to the Sindhu Family Trust, and reflects the correction of immaterial administrative errors reported in the previously reported totals.
- F4On February 29, 2016, the Sindhu Family Trust transferred 585,000 shares of Juniper Networks common stock to the Pradeep Sindhu 2016 Annuity Trust A dated February 26, 2016 for the benefit of the reporting person and his two adult children, of which the reporting person is the sole trustee.
- F5On February 29, 2016, the Sindhu Family Trust transferred 585,000 shares of Juniper Networks common stock to the Marie-Francoise Bertrand 2016 Annuity Trust A dated February 26, 2016 for the benefit of the reporting person's spouse and her two adult children, of which the reporting person is the sole trustee.
- F6This award 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.
- F7Column 8 is not an applicable reportable field.