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Filing Details

Accession Number:: 0001415889-24-027068
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-11-18 16:01:30
Reporting Period:: 2024-11-14

Accepted Time:: 2024-11-18 16:01:30
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
1239366	Y Peter Chung	C/O Summit Partners 222 Berkeley Street, 18Th Floor Boston MA 02116		No	No	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	Explanation
Common Stock	Disposition	2024-11-14	23,754	$16.36	516,933	No	4	S	Indirect	See Remarks
Common Stock	Disposition	2024-11-14	329,566	$15.73	187,367	No	4	D	Indirect	See Remarks

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Remarks
No	4	D	Indirect	See Remarks

Footnotes

Represents 17,317 shares sold by Summit Partners Growth Equity Fund VIII-A, L.P., 6,327 shares sold by Summit Partners Growth Equity Fund VIII-B, L.P., 101 shares sold by Summit Investors I, LLC, and 9 shares sold by Summit Investors I (UK), L.P.
The reported securities are held as follows: 240,261 shares in the name of Summit Partners Growth Equity Fund VIII-A, L.P.; 87,776 shares in the name of Summit Partners Growth Equity Fund VIII-B, L.P.; 1,405 shares in the name of Summit Investors I, LLC; 124 shares in the name of Summit Investors I (UK), L.P.; 187,367 shares and restricted stock units in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P. Mr. Chung holds any Common Stock and restricted stock units for the benefit of Summit Partners, L.P., which he as empowered to determine when the underlying shares will be sold and which is entitled to the proceeds of any such sales.
Summit Partners, L.P. is the managing member of Summit Partners GE VIII, LLC, which is the general partner of Summit Partners GE VIII, L.P., which is the general partner of each of Summit Partners Growth Equity Fund VIII-A, L.P. and Summit Partners Growth Equity Fund VIII-B, L.P. Summit Master Company, LLC is the managing member of Summit Investors Management, LLC, which is the manager of Summit Investors I, LLC and the general partner of Summit Investors I (UK), L.P. Summit Partners GE VIII, LLC, as the general partner of Summit Partners GE VIII, L.P., and Summit Master Company, LLC, as the managing member of Summit Investors Management, LLC, has each delegated investment decisions, including voting and dispositive power, to Summit Partners, L.P. and its Investment Committee responsible for voting and investment decisions with respect to the Issuer.
(Continued from footnote 2) Summit Partners, L.P., through a two-person Investment Committee, responsible for voting and investment decisions with respect to the Issuer, currently composed of Scott C. Collins and Peter Y. Chung, has voting and dispositive authority over the shares and restricted stock units reported herein and therefore may be deemed to beneficially own such shares and restricted stock units. Summit Partners, L.P., Mr. Collins and Mr. Chung each disclaim beneficial ownership of the shares of Common Stock and the restricted stock units, except to the extent of their respective pecuniary interest therein.
Represents 240,261 shares sold by Summit Partners Growth Equity Fund VIII-A, L.P., 87,776 shares sold by Summit Partners Growth Equity Fund VIII-B, L.P., 1,405 shares sold by Summit Investors I, LLC, and 124 shares sold by Summit Investors I (UK), L.P
On November 14, 2024, A10 Networks, Inc. entered into a Common Stock Repurchase Agreement (the "Agreement") with Summit Partners Growth Equity Fund VIII-A, L.P., Summit Partners Growth Equity Fund VIII-B L.P., Summit Investors I, LLC and Summit Investors I (UK), L.P. (collectively, "Summit"). Pursuant to the Agreement, the Company purchased an aggregate of 329,566 shares of the Company's common stock from Summit at $15.73 per share, or an aggregate purchase price of $5,184,732.31.
The reported securities are held as follows: 187,367 shares and restricted stock units in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P. Mr. Chung holds any Common Stock and restricted stock units for the benefit of Summit Partners, L.P., which he as empowered to determine when the underlying shares will be sold and which is entitled to the proceeds of any such sales.