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A10 Networks, Inc. Director's Dealing 2025

Feb 24, 2025

32028_dirs_2025-02-24_3e7087f7-5ad0-4b19-9b71-4bdc3897751c.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: 2025-02-20

Reporting Person: Becker Brian (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-20 Common Stock M 7307 Acquired 71612 Direct
2025-02-21 Common Stock F 1237 $21.13 Disposed 70375 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-20 Performance-based Restricted Stock Units $0 M 7307 Disposed 2026-01-25 Common Stock (7307) Direct

Footnotes

F1: Performance-Based Restricted Stock Units were previously reported on January 27, 2022, 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 25, 2022 and January 25, 2026. The second milestone achievement date occurred on February 10, 2025, as certified by the compensation committee of ATEN, resulting in 7,307 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-third (1/3) on February 20, 2025 and an additional one-third (1/3) on each of the first and second anniversaries of February 10, 2025, subject to continued employment. These shares are reflected on Table I.

F2: Shares automatically withheld, on a non-discretionary basis, for tax purposes related to January 25, 2022 performance restricted stock unit grant that vested on February 20, 2025.