Form 4 for ATEN A10 Networks, Inc.
Accepted 2021-08-12 00:00:00 ET · period of report 2021-08-02 · accession 0001580808-21-000121 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-08-12 | 2021-08-02+ | ATEN | Becker Brian | CFO | M - OptEx | $0.00 | +12.6K | 54.8K | +30% | $0 |
| D | 2021-08-12 | 2021-08-10 | ATEN | Becker Brian | CFO | S - Sale+OE | $13.34 | -1,082 | 53.8K | -2% | -$14.4K |
| DM | 2021-08-12 | 2021-08-02+ | ATEN | Becker Brian | CFO | M - OptEx | $0.00 | -12.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-02 | M | A | 9,314 | $0.00 | 51,511 | D | — | — | (F1) 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 9,314 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. |
| 2 | Common | Common Stock | 2021-08-10 | S | D | 1,082 | $13.34 | 53,763 | D | — | — | (F3) 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. |
| 3 | Common | Common Stock | 2021-08-10 | M | A | 3,334 | $0.00 | 54,845 | D | — | — | (F2) Performance-Based Restricted Stock Units were previously reported on October 21, 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 October 19, 2020 and October 19, 2024. The achievement of the last milestone occurred on August 5, 2021, as certified by the compensation committee on August 10, 2021, resulting in 3,334 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 August 16, 2021 and an additional one-third (1/3) on each of the first and second anniversaries of August 5, 2021, subject to continued employment. These shares are reflected on Table I. |
| 4 | Derivative | Performance-based Restricted Stock Units | 2021-08-02 | M | D | 9,314 | $0.00 | 18,630 | D | — · — to 2025-02-02 | 9,314 Common Stock | (F1) 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 9,314 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. |
| 5 | Derivative | Performance-based Restricted Stock Units | 2021-08-10 | M | D | 3,334 | $0.00 | 0 | D | — · — to 2024-10-19 | 3,334 Common Stock | (F2) Performance-Based Restricted Stock Units were previously reported on October 21, 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 October 19, 2020 and October 19, 2024. The achievement of the last milestone occurred on August 5, 2021, as certified by the compensation committee on August 10, 2021, resulting in 3,334 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 August 16, 2021 and an additional one-third (1/3) on each of the first and second anniversaries of August 5, 2021, subject to continued employment. These shares are reflected on Table I. |