rami rahim - Feb 18, 2022 Form 4 Insider Report for JUNIPER NETWORKS INC (JNPR)

Signature
By: /s/Dena Acevedo, as attorney-in-fact For: Rami Rahim
Stock symbol
JNPR
Transactions as of
Feb 18, 2022
Transactions value $
-$4,502,784
Form type
4
Date filed
2/23/2022, 05:32 PM
Previous filing
Feb 11, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNPR Common Stock Options Exercise $0 +132K $0.00 132K Feb 18, 2022 Direct F1
transaction JNPR Common Stock Tax liability -$2.34M -68.1K -51.65% $34.32 63.8K Feb 18, 2022 Direct F2
transaction JNPR Common Stock Options Exercise $0 +64.2K +100.62% $0.00 128K Feb 19, 2022 Direct
transaction JNPR Common Stock Tax liability -$1.14M -33.1K -25.91% $34.32 94.8K Feb 21, 2022 Direct F2
transaction JNPR Common Stock Options Exercise $0 +57.9K +61.11% $0.00 153K Feb 21, 2022 Direct
transaction JNPR Common Stock Tax liability -$1.03M -29.9K -19.61% $34.32 123K Feb 21, 2022 Direct F2
transaction JNPR Common Stock Gift $0 -123K -100% $0.00* 0 Feb 21, 2022 Direct F3
transaction JNPR Common Stock Gift $0 +123K +17.06% $0.00 842K Feb 21, 2022 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 Non-Qualified Stock Option (right to buy) Award $0 +275K $0.00 275K Feb 18, 2022 Common Stock 275K $34.32 Direct F4, F5
transaction JNPR Performance Stock Unit Award $0 +79.7K +152.7% $0.00 132K Feb 18, 2022 Common Stock 79.7K $0.00 Direct F5, F6
transaction JNPR Performance Stock Unit Options Exercise $0 -132K -100% $0.00* 0 Feb 18, 2022 Common Stock 132K $0.00 Direct F1, F5
transaction JNPR Performance Stock Unit Award $0 +46.4K +148.31% $0.00 77.7K Feb 18, 2022 Common Stock 46.4K $0.00 Direct F5, F7
transaction JNPR Performance Stock Unit Award $0 +49.8K $0.00 49.8K Feb 18, 2022 Common Stock 49.8K $0.00 Direct F5, F8
transaction JNPR RSU Award Options Exercise $0 -57.9K -49.95% $0.00 58K Feb 21, 2022 Common Stock 57.9K $0.00 Direct F5, F9
transaction JNPR RSU Award Options Exercise $0 -64.2K -34% $0.00 125K Feb 19, 2022 Common Stock 64.2K $0.00 Direct F5, F9
transaction JNPR RSU Award Award $0 +161K $0.00 161K Feb 18, 2022 Common Stock 161K $0.00 Direct F5, F9
* 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 03/15/2019. The shares vested in full on 2/18/2022 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 performance share award for the payment of applicable income and payroll withholding taxes due on settlement.
F3 Represents the transfer of shares to the Rahim Family Trust from the reporting person immediately upon vesting.
F4 These options have a 7 year contractual term, with a strike price equal to the closing price of the Company's stock on 2/18/22, and vest 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 of the grant date
F5 Column 8 is not an applicable reportable field.
F6 Represents (i) one tranche of the performance award and (ii) the total stockholder return tranche of the award granted on 3/15/2019. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee. These tranches vested on 2/18/2022 as described in footnote (1).
F7 Represents one tranche of an award granted in the first quarter of 2020. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee. This tranche will vest in the first quarter of 2024 following certification by the Compensation Committee of the final tranche of the award, subject to the reporting person's service through the date of such certification and the settlement date.
F8 Represents one tranche of an award granted in the first quarter of 2021. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee. This tranche will vest in the first quarter of 2024 following certification by the Compensation Committee of the final tranche of the award, subject to the reporting person's service through the date of such certification and the settlement date.
F9 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.