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Filing Details

Accession Number:: 0001580808-21-000124
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-12 16:05:50
Reporting Period:: 2021-08-02

Accepted Time:: 2021-08-12 16:05:50
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1580808	A10 Networks Inc.	ATEN	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1188611	P Matthew Bruening	C/O A10 Networks 2300 Orchard Parkway San Jose CA 95131	Evp, Worldwide Sales & Mktg	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2021-08-02	13,972	$0.00	121,725	No	4	M	Direct
Common Stock	Acquisiton	2021-08-10	33,334	$0.00	155,059	No	4	M	Direct
Common Stock	Disposition	2021-08-10	1,394	$13.34	153,665	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance-based Restricted Stock Units	Disposition	2021-08-02	13,972	$0.00	13,972	$0.00
Common Stock	Performance-based Restricted Stock Units	Disposition	2021-08-10	33,334	$0.00	33,334	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
27,944		2025-02-02	No	4	M	Direct
0		2024-04-29	No	4	M	Direct

Footnotes

Performance-Based Restricted Stock Units were previously reported on February 4, 2021, 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 trading period between February 2, 2021 and February 2, 2025. The achievement of the first milestone occurred on July 30, 2021, as certified by the compensation committee August 2, 2021, resulting in 13,972 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-third (1/3) on August 9, 2021 and an additional one-third (1/3) on each of the first and second anniversaries of July 30, 2021, subject to continued employment. These shares are reflected on Table I.
Performance-Based Restricted Stock Units were previously reported on May 1, 2020, 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 trading period between April 29, 2020 and April 29, 2024. The last milestone achievement occurred on August 5, 2021, as certified by the compensation committee of ATEN on August 10, 2021, resulting in 33,334 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-third (1/3) on the first, second and third anniversaries of achievement of the milestone, subject to continued employment. These shares are reflected on Table I.
Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligations in connection with the vesting of restricted stock units.