William Stensrud - May 12, 2021 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Role: Director
Signature: By: /s/Robert Mobassaly, as attorney-in-fact For: William Stensrud
Stock symbol: JNPR
Transactions as of: May 12, 2021
Transactions value $: -$522,512
Form type: 4
Date filed: 5/14/2021, 05:24 PM
Next filing: Aug 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JNPR	Common Stock	Options Exercise	$0	+9.86K		$0.00	9.86K	May 12, 2021	Direct
transaction	JNPR	Common Stock	Gift	$0	-9.86K	-100%	$0.00^*	0	May 12, 2021	Direct	F1
transaction	JNPR	Common Stock	Sale	-$523K	-20K	-14.07%	$26.13	122K	May 12, 2021	by Trust	F2
transaction	JNPR	Common Stock	Gift	$0	+9.86K	+8.08%	$0.00	132K	May 12, 2021	by Trust	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	JNPR	RSU Award	Options Exercise	$0	-9.86K	-100%	$0.00^*	0	May 12, 2021	Common Stock	9.86K	$0.00	Direct	F3, F4
transaction	JNPR	RSU Award	Award	$0	+10.8K		$0.00	10.8K	May 13, 2021	Common Stock	10.8K	$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 transfer of shares to the William Stensrud Trust from the reporting person immediately upon vesting of the restricted stock unit
F2	The sale price represents the weighted average sale price per share. The Company can provide the full information regarding the number of shares sold at each separate price upon further request.
F3	Pursuant to the terms of the Juniper Networks, Inc. 2015 Equity Incentive Plan, the restricted stock unit ("RSU") award becomes 100% vested on the earlier of (A) the one year anniversary of the grant date, and (B) the day prior to the date of the Company's next annual stockholder meeting, subject to the individual maintaining continuous status as a director through the vesting date. The RSU award was granted at the 2020 annual stockholder meeting, which was held on May 14, 2020. The company held its 2021 annual stockholder meeting on May 13, 2021; accordingly, this RSU award vested in full on May 12, 2021.
F4	Column 8 is not an applicable reportable field.
F5	The restricted stock unit is automatically granted pursuant to the terms of the Juniper Networks, Inc. 2015 Equity Incentive Plan to each non-employee director who is elected at (or whose term continues after) the company's annual stockholder meeting. The award will become 100% vested on the earlier of (A) May 13, 2022, and (B) the day prior to the date of the company's next annual stockholder meeting, subject in either case to the director maintaining continuous status as a director through the vesting date.