Form 4 for ATEN A10 Networks, Inc.
Accepted 2023-02-22 00:00:00 ET · period of report 2023-02-21 · accession 0001580808-23-000040 · 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 | 2023-02-22 | 2023-02-21 | ATEN | Trivedi Dhrupad | CEO, Dir | A - Grant | $0.00 | +105.9K | 616.9K | +21% | $0 |
| D | 2023-02-22 | 2023-02-21 | ATEN | Trivedi Dhrupad | CEO, Dir | A - Grant | $0.00 | +158.8K | 158.8K | New | $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 | 2023-02-21 | A | A | 105,890 | $0.00 | 616,900 | D | — | — | (F1) 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 (2/1/2023), provided that the Reporting Person continues to serve through each such vesting date. |
| 2 | Derivative | Performance-based Restricted Stock Units | 2023-02-21 | A | A | 158,835 | $0.00 | 158,835 | D | — · — to 2027-02-21 | 158,835 Common Stock | (F2) Each share is represented by a Performance-based Restricted Stock Unit ("PSU"). (F3) Grant of 158,835 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 trading period between February 21, 2023 and February 21, 2027 (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. |