rami rahim - 17 Feb 2023 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role
Chief Executive Officer, Director
Signature
By: /s/Colin Lloyd, as attorney-in-fact For: Rami Rahim
Issuer symbol
JNPR
Transactions as of
17 Feb 2023
Transactions value $
-$6,477,315
Form type
4
Filing time
21 Feb 2023, 17:42:48 UTC
Previous filing
13 Feb 2023
Next filing
08 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +222K $0.00 222K 17 Feb 2023 Direct F1
transaction JNPR Common Stock Tax liability -$3.63M -115K -51.67% $31.56 107K 17 Feb 2023 Direct F2
transaction JNPR Common Stock Options Exercise $0 +54.9K +51.06% $0.00 162K 18 Feb 2023 Direct
transaction JNPR Common Stock Tax liability -$894K -28.3K -17.46% $31.56 134K 18 Feb 2023 Direct F2
transaction JNPR Common Stock Options Exercise $0 +62.3K +46.48% $0.00 196K 19 Feb 2023 Direct
transaction JNPR Common Stock Tax liability -$1.02M -32.2K -16.39% $31.56 164K 19 Feb 2023 Direct F2
transaction JNPR Common Stock Options Exercise $0 +58K +35.34% $0.00 222K 21 Feb 2023 Direct
transaction JNPR Common Stock Tax liability -$942K -29.9K -13.49% $31.46 192K 21 Feb 2023 Direct F2
transaction JNPR Common Stock Gift $0 -192K -100% $0.00* 0 21 Feb 2023 Direct F3
transaction JNPR Common Stock Gift $0 +192K +25.15% $0.00 956K 21 Feb 2023 Living Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JNPR Performance Stock Unit Options Exercise $0 -222K -100% $0.00* 0 17 Feb 2023 Common Stock 222K $0.00 Direct F1
transaction JNPR RSU Award Options Exercise $0 -58K -100% $0.00* 0 21 Feb 2023 Common Stock 58K $0.00 Direct F4, F5
transaction JNPR RSU Award Options Exercise $0 -62.3K -50% $0.00 62.3K 19 Feb 2023 Common Stock 62.3K $0.00 Direct F4, F5
transaction JNPR RSU Award Options Exercise $0 -54.9K -34% $0.00 106K 18 Feb 2023 Common Stock 54.9K $0.00 Direct F4, F5
transaction JNPR RSU Award Award $0 +175K $0.00 175K 20 Feb 2023 Common Stock 175K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares earned and vested under the previously reported performance award granted on 02/21/2020. The shares vested in full on 2/17/2023 following determination by the Compensation Committee of the achievement of the final performance targets over the three-year performance period, upon the satisfaction of a continued service condition through the settlement date.
F2 Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
F3 Represents 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.
F4 This 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.
F5 Column 8 is not an applicable reportable field.