Form 4 for ATEN A10 Networks, Inc.
Accepted 2024-12-30 00:00:00 ET · period of report 2024-12-26 · accession 0001580808-24-000136 · 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 | 2024-12-30 | 2024-12-26 | ATEN | Becker Brian | CFO | F - Tax | $18.81 | -3,218 | 42.1K | -7% | -$60.5K |
| D | 2024-12-30 | 2024-12-26 | ATEN | Becker Brian | CFO | M - OptEx | $0.00 | +12.7K | 45.3K | +39% | $0 |
| D | 2024-12-30 | 2024-12-26 | ATEN | Becker Brian | CFO | M - OptEx | $0.00 | -12.7K | 12.7K | -50% | $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 | 2024-12-26 | F | D | 3,218 | $18.81 | 42,126 | D | — | — | (F2) Shares automatically withheld, on a non-discretionary basis, for tax purposes related to January 30, 2024 performance restricted stock unit grant that vested on December 26, 2024. |
| 2 | Common | Common Stock | 2024-12-26 | M | A | 12,703 | $0.00 | 45,344 | D | — | — | (F1) Performance-Based Restricted Stock Units were previously reported on January 31, 2024, 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 30, 2024 and January 30, 2028. The first achievement date occurred on December 13, 2024, as certified by the compensation committee of ATEN, resulting in 12,703 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-half (1/2) on December 26, 2024 and an additional one-fourth (1/4) on each of the first and second anniversaries of December 13, 2024, subject to continued employment. These shares are reflected on Table I. |
| 3 | Derivative | Performance-based Restricted Stock Units | 2024-12-26 | M | D | 12,703 | $0.00 | 12,702 | D | — · — to 2028-01-30 | 12,703 Common Stock | (F1) Performance-Based Restricted Stock Units were previously reported on January 31, 2024, 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 30, 2024 and January 30, 2028. The first achievement date occurred on December 13, 2024, as certified by the compensation committee of ATEN, resulting in 12,703 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-half (1/2) on December 26, 2024 and an additional one-fourth (1/4) on each of the first and second anniversaries of December 13, 2024, subject to continued employment. These shares are reflected on Table I. |