Morris John 4
4 · JUNIPER NETWORKS INC · Filed Feb 22, 2010
Insider Transaction Report
Form 4
Morris John
EVP
Transactions
- Exercise/Conversion
Common Stock
2010-02-19$22.55/sh+59,375$1,338,906→ 62,237 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2010-02-19−59,375→ 90,625 totalExercise: $22.55From: 2009-07-18Exp: 2015-07-18→ Common Stock (59,375 underlying) - Sale
Common Stock
2010-02-19$26.42/sh−59,375$1,568,878→ 2,862 total - Award
Performance Shares
2010-02-19+67,500→ 67,500 totalExercise: $0.00From: 2013-02-19Exp: 2013-02-19→ Common Stock (67,500 underlying) - Sale
Common Stock
2010-02-19$26.40/sh−2,862$75,557→ 0 total - Award
Non-Qualified Stock Option (right to buy)
2010-02-19+85,000→ 85,000 totalExercise: $27.44From: 2011-02-19Exp: 2017-02-19→ Common Stock (85,000 underlying)
Footnotes (6)
- [F1]Amount of securities includes shares acquired by the reporting person under the Juniper Networks, Inc. 2008 Employee Stock Purchase Plan on 1/29/2010.
- [F2]The sale price represents the weighted average sale price in the range of 26.41 to 26.45 per share. The Company can provide the full information regarding the number of shares sold at each separate price upon further request.
- [F3]Vests as to 25% of the shares subject to the option one year from the grant date and the balance shall vest in thirty six successive equal monthly installments thereafter.
- [F4]Column 8 is not an applicable reportable field.
- [F5]Represents the per share price for the award.
- [F6]Represents the maximum quantity of shares issuable. The exact number of shares issuable with respect to each year will be determined based on achievement of certain Company performance targets for 2010, 2011, and 2012, as determined by the Compensation Committee of the Board. The executive can earn between 0% and 250% of the target shares with respect to each year.