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A10 Networks, Inc. — Director's Dealing 2020
May 20, 2020
32028_dirs_2020-05-20_52f9bb25-e446-4a72-a4f0-524d2cb1e200.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: A10 Networks, Inc. (ATEN)
CIK: 0001580808
Period of Report: 2020-05-18
Reporting Person: CHEN LEE (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-18 | Common Stock | S | 2200000 | $6.00 | Disposed | 7670224 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-05-18 | Employee Stock Option (right to buy) | $5.52 | S | 282500 | Disposed | 2020-05-31 | Common Stock (282500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3200 | Indirect |
Footnotes
F1: The Issuer and Reporting Person entered into a Common Stock Repurchase and Option Exchange Agreement (the "Repurchase Agreement") for the purchase by the Issuer, and sale by the Reporting Person, of 2,200,000 shares of the Issuer's common stock in a privately-negotiated transaction for an aggregate purchase price of $13,200,000.
F2: Shares held of record by the U/A DTD 07/25/2000 Lee Chen Family Trust, for which the Reporting Person serves as a trustee.
F3: Represents fully vested stock options.
F4: Pursuant to the Repurchase Agreement, in addition to the purchase and sale of common stock referenced in footnote 1, the Reporting Person agreed to cancel such options in exchange for the payment by the Issuer to the Reporting Person of $135,600.
F5: Following Reporting Person's separation from service, the stock options expire if not exercised by May 31, 2020.