Filing Details
- Accession Number:
- 0001580808-24-000018
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-01-31 16:13:28
- Reporting Period:
- 2024-01-29
- Accepted Time:
- 2024-01-31 16:13:28
- 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 |
|---|---|---|---|---|---|---|---|
| 1570462 | Dhrupad Trivedi | C/O A10 Networks, Inc. 2300 Orchard Parkway San Jose CA 95131 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2024-01-29 | 21,498 | $13.58 | 461,507 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-01-30 | 132,549 | $0.00 | 594,056 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Performance-based Restricted Stock Units | Acquisiton | 2024-01-30 | 198,821 | $0.00 | 198,821 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 198,821 | 2028-01-30 | No | 4 | A | Direct |
Footnotes
- 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.
- This is the weighted average price of the shares sold, which ranged from $13.58 to $13.62 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- 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 (2/1/2024), provided that the Reporting Person continues to serve through each such vesting date.
- Each share is represented by a Performance-based Restricted Stock Unit ("PSU").
- Grant of 198,821 Performance-Based Restricted Stock Units, 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 January 30, 2024 and January 30, 2028 (each, a "Performance Milestone"). Upon achievement of a Performance Milestone, vesting is subject to continued employment with the Company through the applicable vesting date, with one-half (1/2) vesting within thirty (30) days of achievement of the Performance Milestone and an additional one-fourth (1/4) vesting on each of the first and second anniversaries of the date of achievement of the corresponding Performance Milestone.
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