Constantino Thomas 4
4 · A10 Networks, Inc. · Filed Jul 7, 2020
Insider Transaction Report
Form 4
Constantino Thomas
EVP, Chief Financial Officer
Transactions
- Sale
Common Stock
2020-07-07$6.65/sh−15,622$103,886→ 213,252 total - Award
Performance-based Restricted Stock Units
2020-07-02+56,286→ 56,286 totalExercise: $0.00Exp: 2024-07-02→ Common Stock (56,286 underlying) - Award
Common Stock
2020-07-02+24,122→ 228,874 total
Footnotes (4)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). One-fourth (1/4) of the total RSUs will vest on each of the first four (4) anniversaries of the Vesting Commencement Date (04/01/2020), provided that the Reporting Person continues to serve through each vesting date.
- [F2]Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligations in connection with the vesting of restricted stock units.
- [F3]Each share is represented by a Performance-based Restricted Stock Unit ("PSU").
- [F4]Grant of 56,286 Performance-Based Restricted Stock Units, 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 period between July 2, 2020 and July 2, 2024. Vesting is subject to continued employment with the Company through the applicable vesting date, which occurs in three equal annual installments beginning on the date of achievement of the milestone and the balance on each of the first and second anniversaries of the corresponding performance milestone.