Form 4 for ATEN A10 Networks, Inc.
Accepted 2023-09-22 00:00:00 ET · period of report 2023-09-21 · accession 0001580808-23-000198 · 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 | 2023-09-22 | 2023-09-21 | ATEN | Thomas Karen S. | EVP, Worldwide Sales, Mkt | A - Grant | $0.00 | +1,000 | 25.8K | +4% | $0 |
| D | 2023-09-22 | 2023-09-21 | ATEN | Thomas Karen S. | EVP, Worldwide Sales, Mkt | A - Grant | $0.00 | +1,000 | 0 | 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 | 2023-09-21 | A | A | 1,000 | $0.00 | 25,840 | D | — | — | (F2) The Compensation Committee approved this award on September 21, 2023 to conform to the original offer terms of employment for the reporting person. (F1) Each share is represented by a Restricted Stock Unit ("RSU"). One-fourth (1/4) of the total RSUs will vest on each of the first four (4) anniversaries of the Vesting Commencement Date (9/5/2023), provided that the Reporting Person continues to serve through each vesting date. |
| 2 | Derivative | Performance-based Restricted Stock Units | 2023-09-21 | A | A | 1,000 | $0.00 | 0 | D | — · — to 2027-09-21 | 1,000 Common Stock | (F2) The Compensation Committee approved this award on September 21, 2023 to conform to the original offer terms of employment for the reporting person. (F3) Each share is represented by a Performance-based Restricted Stock Unit ("PSU"). (F4) Grant of 1,000 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 a specified level of the volume weighted average closing prices of a share of ATEN common stock during any one hundred (100) calendar day trading period between September 21, 2023 and September 21, 2027 (the "Performance Milestone"). Upon achievement of the Performance Milestone, vesting is subject to continued employment with the Company through the applicable vesting date, which occurs in three equal installments with the first vesting to occur within thirty (30) days of achievement of the Performance Milestone and an additional one-third (1/3) on each of the first and second anniversaries of the date of achievement of the Performance Milestone. |