Form 4 for ATEN A10 Networks, Inc.
Accepted 2021-08-12 00:00:00 ET · period of report 2021-08-02 · accession 0001580808-21-000122 · 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 | COCHRAN ROBERT D | EVP Legal, Corp Collaboration | M - OptEx | $0.00 | +32.1K | 300.5K | +12% | $0 |
| D | 2021-08-12 | 2021-08-10 | ATEN | COCHRAN ROBERT D | EVP Legal, Corp Collaboration | S - Sale+OE | $0.00 | -1,353 | 299.1K | -0.5% | $0 |
| DM | 2021-08-12 | 2021-08-09+ | ATEN | COCHRAN ROBERT D | EVP Legal, Corp Collaboration | M - OptEx | $0.00 | -32.1K | 23.3K | -58% | $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 | 11,643 | $0.00 | 280,027 | 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 tothe 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 11,643 units meeting the appropriate performance-basedconditions. 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 secondanniversaries of July 30, 2021, subject to continued employment. These shares are reflected on Table I. (F2) Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2021-08-10 | S | D | 1,353 | $0.00 | 299,142 | D | — | — | (F4) 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. (F2) Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan. |
| 3 | Common | Common Stock | 2021-08-10 | M | A | 20,468 | $0.00 | 300,495 | D | — | — | (F3) Performance-Based Restricted Stock Units were previously reported on July 7, 2020, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject tothe 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 July 2, 2020 and July 2,2024. The achievement of the last milestone occurred on August 5, 2021, as certified by the compensation committee on August 10, 2021, resulting in 20,246 units meeting the appropriate performance-basedconditions. 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 secondanniversaries of August 5, 2021, subject to continued employment. These shares are reflected on Table I. (F2) Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan. |
| 4 | Derivative | Performance-based Restricted Stock Units | 2021-08-10 | M | D | 20,468 | $0.00 | 0 | D | — · — to 2024-07-02 | 20,468 Common Stock | (F3) Performance-Based Restricted Stock Units were previously reported on July 7, 2020, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject tothe 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 July 2, 2020 and July 2,2024. The achievement of the last milestone occurred on August 5, 2021, as certified by the compensation committee on August 10, 2021, resulting in 20,246 units meeting the appropriate performance-basedconditions. 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 secondanniversaries of August 5, 2021, subject to continued employment. These shares are reflected on Table I. |
| 5 | Derivative | Performance-based Restricted Stock Units | 2021-08-09 | M | D | 11,643 | $0.00 | 23,287 | D | — · — to 2025-02-02 | 11,643 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 tothe 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 11,643 units meeting the appropriate performance-basedconditions. 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 secondanniversaries of July 30, 2021, subject to continued employment. These shares are reflected on Table I. |