Becker Brian 4
4 · A10 Networks, Inc. · Filed Feb 10, 2025
Insider Transaction Report
Form 4
Becker Brian
Chief Financial Officer
Transactions
- Award
Performance-based Restricted Stock Units
2025-02-06+13,587→ 13,587 totalExp: 2029-02-06→ Common Stock (13,587 underlying) - Award
Common Stock
2025-02-06+13,587→ 56,749 total
Footnotes (3)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the total RSUs will vest on each of the first three (3) anniversaries of the Vesting Commencement Date (2/1/2025), provided that the Reporting Person continues to serve through each such vesting date.
- [F2]Each share is represented by a Performance-based Restricted Stock Unit ("PSU").
- [F3]Grant of 13,587 PSUs, 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 February 6, 2025 and February 6, 2029. Once a milestone is met, vesting is subject to continued employment with the Company through the applicable vesting date, the first fifty percent (50%) of which will occur within thirty (30) days of achievment of the applicable milestone and the balance to vest twenty-five percent (25%) on each of the first and second anniversaries of achievement of the corresponding performance milestone.