Dhrupad Trivedi - Feb 6, 2025 Form 4 Insider Report for A10 Networks, Inc. (ATEN)

Role
Chief Executive Officer, Director
Signature
/s/ Jill Osato, Attorney-in-fact
Stock symbol
ATEN
Transactions as of
Feb 6, 2025
Transactions value $
$0
Form type
4
Date filed
2/10/2025, 04:58 PM
Previous filing
Feb 4, 2025
Next filing
Feb 18, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEN Common Stock Award $0 +127K +23.38% $0.00 669K Feb 6, 2025 Direct F1

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 ATEN Performance-based Restricted Stock Units Award $0 +127K $0.00 127K Feb 6, 2025 Common Stock 127K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the total RSUs will vest on each of the first three (3) anniversaries of the Vesting Commencement Date (2/1/2025), provided that the Reporting Person continues to serve through each such vesting date.
F2 Each share is represented by a Performance-based Restricted Stock Unit ("PSU").
F3 Grant of 126,812 PSUs, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject to the achievement of specified levels of the volume weighted average closing prices of a share of ATEN common stock during any one hundred (100) day period between February 6, 2025 and February 6, 2029. Once a milestone is met, vesting is subject to continued employment with the Company through the applicable vesting date, the first fifty percent (50%) of which will occur within thirty (30) days of achievment of the applicable milestone and the balance to vest twenty-five percent (25%) on each of the first and second anniversaries of achievement of the corresponding performance milestone.