Form 4 for ATEN A10 Networks, Inc.
Accepted 2025-02-18 00:00:00 ET · period of report 2025-02-13 · accession 0001580808-25-000031 · 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 | 2025-02-18 | 2025-02-13 | ATEN | Trivedi Dhrupad | CEO, Dir | M - OptEx | $0.00 | +79.4K | 748.5K | +12% | $0 |
| D | 2025-02-18 | 2025-02-14 | ATEN | Trivedi Dhrupad | CEO, Dir | F - Tax | $21.68 | -20.1K | 728.4K | -3% | -$436.8K |
| D | 2025-02-18 | 2025-02-13 | ATEN | Trivedi Dhrupad | CEO, Dir | M - OptEx | $0.00 | -79.4K | 79.4K | -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 | 2025-02-13 | M | A | 79,418 | $0.00 | 748,530 | D | — | — | (F1) Performance-Based Restricted Stock Units that were previously reported on February 22, 2023, 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. The first achievement date occurred on January 31, 2025, as certified by the compensation committee of ATEN, resulting in 79,418 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 February 13, 2025 and an additional one-fourth (1/4) on each of the first and second anniversaries of January 31, 2025, subject to continued employment. These shares are reflected on Table I. |
| 2 | Common | Common Stock | 2025-02-14 | F | D | 20,146 | $21.68 | 728,384 | D | — | — | (F2) Shares automatically withheld, on a non-discretionary basis, for tax purposes related to a February 21, 2023 performance restricted stock unit grant that vested on February 13, 2025. |
| 3 | Derivative | Performance-based Restricted Stock Units | 2025-02-13 | M | D | 79,418 | $0.00 | 79,417 | D | — · — to 2027-02-21 | 79,418 Common Stock | (F1) Performance-Based Restricted Stock Units that were previously reported on February 22, 2023, 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. The first achievement date occurred on January 31, 2025, as certified by the compensation committee of ATEN, resulting in 79,418 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 February 13, 2025 and an additional one-fourth (1/4) on each of the first and second anniversaries of January 31, 2025, subject to continued employment. These shares are reflected on Table I. |