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A10 Networks, Inc. Director's Dealing 2025

Jan 28, 2025

32028_dirs_2025-01-27_a36af378-eec6-40d7-bb56-7fe24417fdf8.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: 2025-01-23

Reporting Person: Becker Brian (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-01-23 Common Stock M 12702 Acquired 54828 Direct
2025-01-24 Common Stock F 4926 $19.46 Disposed 49902 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-01-23 Performance-based Restricted Stock Units $ M 12702 Disposed 2028-01-30 Common Stock (12702) Direct

Footnotes

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 second milestone achievement date occurred on January 15, 2025, as certified by the compensation committee of ATEN, resulting in 12,702 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 January 23, 2025 and an additional one-fourth (1/4) on each of the first and second anniversaries of January 15, 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 a January 25, 2022 performance restricted stock unit grant and a January 30, 2024 performance restricted stock unit grant that each vested on January 23, 2025.