Form 4 for ATEN A10 Networks, Inc.
Accepted 2023-02-03 00:00:00 ET · period of report 2023-02-02 · accession 0001580808-23-000015 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-03 | 2023-02-02 | ATEN | Becker Brian | CFO | S - Sale+OE | $15.83 | -1,287 | 60.9K | -2% | -$20.4K |
| D | 2023-02-03 | 2023-02-02 | ATEN | Becker Brian | CFO | M - OptEx | $0.00 | +7,307 | 62.2K | +13% | $0 |
| D | 2023-02-03 | 2023-02-02 | ATEN | Becker Brian | CFO | M - OptEx | $0.00 | -7,307 | 14.6K | -33% | $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 | 2023-02-02 | S | D | 1,287 | $15.83 | 60,895 | D | — | — | (F2) 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. |
| 2 | Common | Common Stock | 2023-02-02 | M | A | 7,307 | $0.00 | 62,182 | D | — | — | (F1) Performance-Based Restricted Stock Units were previously reported on January 27, 2022, 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 January 25, 2022 and January 25, 2026. The first achievement date occurred on January 23, 2023, as certified by the compensation committee of ATEN, resulting in 7,307 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 February 13, 2023 and an additional one-third (1/3) to vest on the each of the first and second anniversaries of January 23, 2023, subject to continued employment. |
| 3 | Derivative | Performance-based Restricted Stock Units | 2023-02-02 | M | D | 7,307 | $0.00 | 14,613 | D | $0.00 · — to 2026-01-25 | 7,307 Common Stock | (F1) Performance-Based Restricted Stock Units were previously reported on January 27, 2022, 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 January 25, 2022 and January 25, 2026. The first achievement date occurred on January 23, 2023, as certified by the compensation committee of ATEN, resulting in 7,307 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 February 13, 2023 and an additional one-third (1/3) to vest on the each of the first and second anniversaries of January 23, 2023, subject to continued employment. |