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

Role
Director
Signature
By: /s/Robert Mobassaly, as attorney-in-fact For: Scott G. Kriens
Stock symbol
JNPR
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 05:25 PM
Next filing
May 12, 2022

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
holding JNPR Common Stock 195K May 12, 2021 by Trust F1
holding JNPR Common Stock 2M May 12, 2021 by CR Unitrust F2
holding JNPR Common Stock 180K May 12, 2021 by KDI Trust LP 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 RSU Award Award $0 +10.8K $0.00 10.8K May 13, 2021 Common Stock 10.8K $0.00 Direct F4, F5
transaction JNPR RSU Award Options Exercise $0 -9.86K -100% $0.00* 0 May 12, 2021 Common Stock 9.86K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 97,545 shares held in trust of which Mr. Kriens is the sole trustee, and 97,545 shares held in trust of which Mr. Kriens' spouse is the trustee.
F2 Shares held by a charitable remainder unitrust of which the reporting person is a trustee and of which the reporting person and his spouse are beneficiaries. The reporting person continues to report beneficial ownership of all the common stock held by the charitable remainder unitrust but disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.
F3 Shares held by the KD1 Trust LP, of which the reporting person holds a pecuniary interest.
F4 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.
F5 Column 8 is not an applicable reportable field.
F6 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.