Tor Braham - 17 May 2023 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Role
Director
Signature
/s/ Jill Osato, as Attorney-in-Fact
Issuer symbol
ATEN
Transactions as of
17 May 2023
Transactions value $
$0
Form type
4
Filing time
18 May 2023, 17:56:35
Previous filing
14 Nov 2022
Next filing
13 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Award $0 +14.1K +9.67% $0.00 160K 17 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). The RSU will vest on the earlier of April 26, 2024 or the date of the Issuer's next Annual Meeting, provided that the Reporting Person continues to serve through each such vesting date.