Merchant Rahul N 4
4 · JUNIPER NETWORKS INC · Filed May 28, 2025
Insider Transaction Report
Form 4
Merchant Rahul N
Director
Transactions
- Award
RSU Award
2025-05-28+6,840→ 6,840 totalExercise: $0.00From: 2026-05-28Exp: 2026-05-28→ Common Stock (6,840 underlying) - Exercise/Conversion
Common Stock
2025-05-27+7,029→ 76,013 total - Exercise/Conversion
RSU Award
2025-05-27−7,029→ 0 totalExercise: $0.00From: 2025-05-27Exp: 2025-06-04→ Common Stock (7,029 underlying)
Holdings
- 12,511(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Shares held by two family trusts for the benefit of Mr. Merchant and his wife. Mr. Merchant serves as the trustee for one trust, and his wife serves as the trustee for the other trust.
- [F2]Pursuant to the terms of the Juniper Networks, Inc. 2015 Equity Incentive Plan, the restricted stock unit ("RSU") award becomes 100% vested on the earlier of (A) the one year anniversary of the grant date, and (B) the day prior to the date of the Company's next annual stockholder meeting, subject to the individual maintaining continuous status as a director through the vesting date. The RSU award was granted at the 2024 annual stockholder meeting, which was held on June 4, 2024. The company held its 2025 annual stockholder meeting on May 28, 2025; accordingly, this RSU award vested in full on May 27, 2025.
- [F3]Column 8 is not an applicable reportable field.
- [F4]The restricted stock unit is automatically granted pursuant to the terms of the Juniper Networks, Inc. 2015 Equity Incentive Plan to each non-employee director who is elected at (or whose term continues after) the company's annual stockholder meeting. The award will become 100% vested on the earlier of (A) May 28, 2026, and (B) the day prior to the date of the company's next annual stockholder meeting, subject in either case to the director maintaining continuous status as a director through the vesting date.