KRIENS SCOTT 4
4 · JUNIPER NETWORKS INC · Filed Jul 2, 2025
Insider Transaction Report
Form 4
KRIENS SCOTT
DirectorChairman of the Board
Transactions
- Disposition to Issuer
Common Stock
2025-07-02−180,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2025-07-02−237,531→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2025-07-02−1,860,000→ 0 total(indirect: By Trust) - Disposition to Issuer
RSU Award
2025-07-02−6,840→ 0 totalExercise: $0.00→ Common Stock (6,840 underlying)
Footnotes (4)
- [F1]Pursuant to an Agreement and Plan of Merger, dated as of January 9, 2024 (the "Merger Agreement"), entered into by and among Juniper Networks, Inc., a Delaware corporation (the "Issuer"), Hewlett Packard Enterprise Company, a Delaware corporation ("Parent"), and Jasmine Acquisition Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), on July 2, 2025, in accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Parent (the "Merger"). In connection with the Merger, each outstanding share of Issuer common stock ("Share") was converted into the right to receive an amount equal to $40.00 per share in cash, without interest (the "Merger Consideration").
- [F2]Shares held by the KDI Trust LP, of which the reporting person holds a pecuniary interest.
- [F3]Pursuant to the Merger Agreement, each Issuer restricted stock unit ("RSU") award outstanding immediately prior to the effective time of the Merger and held by a non-employee member of the Issuer's board of directors was cancelled and converted into the right to receive an amount of cash equal to the product of (A) the number of Shares that were subject to such Issuer RSU award as of immediately prior to the effective time of the Merger, multiplied by (B) the Merger Consideration.
- [F4]Not applicable.