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A10 Networks, Inc. — Director's Dealing 2023
Feb 22, 2023
32028_dirs_2023-02-22_6d903d10-4454-4620-9682-5c861fe33e0d.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: 2023-02-21
Reporting Person: Becker Brian (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-21 | Common Stock | A | 13501 | — | Acquired | 72406 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-21 | Performance-based Restricted Stock Units | $ | A | 20251 | Acquired | 2027-02-21 | Common Stock (20251.0) | Direct |
Footnotes
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.
F2: Each share is represented by a Performance-based Restricted Stock Unit ("PSU").
F3: Grant of 20,251 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.