0001580808-21-000017.txt : 20210204 0001580808-21-000017.hdr.sgml : 20210204 20210204191223 ACCESSION NUMBER: 0001580808-21-000017 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210202 FILED AS OF DATE: 20210204 DATE AS OF CHANGE: 20210204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BRUENING MATTHEW P CENTRAL INDEX KEY: 0001188611 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36343 FILM NUMBER: 21592757 MAIL ADDRESS: STREET 1: 2300 ORCHARD PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95131 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: A10 Networks, Inc. CENTRAL INDEX KEY: 0001580808 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 201446869 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2300 ORCHARD PKWY CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: (408) 325-8668 MAIL ADDRESS: STREET 1: 2300 ORCHARD PKWY CITY: SAN JOSE STATE: CA ZIP: 95131 4 1 wf-form4_161248392953627.xml FORM 4 X0306 4 2021-02-02 0 0001580808 A10 Networks, Inc. ATEN 0001188611 BRUENING MATTHEW P C/O A10 NETWORKS 2300 ORCHARD PARKWAY SAN JOSE CA 95131 0 1 0 0 EVP, Worldwide Sales & Mktg Common Stock 2021-02-02 4 A 0 17964 0 A 42964 D Common Stock 2021-02-02 4 M 0 33333 0 A 76297 D Performance-based Restricted Stock Units 2021-02-02 4 A 0 41916 0 A 2025-02-02 Common Stock 41916.0 41916 D Performance-based Restricted Stock Units 2021-02-02 4 M 0 33333 0 D 2024-04-29 Common Stock 33333.0 66667 D 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 date of grant, provided that the Reporting Person continues to serve through each vesting date. Performance-Based Restricted Stock Units were previously reported on May 1, 2020, 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 trading period between April 29, 2020 and April 29, 2024. The first achievement date occurred on January 28, 2021, as certified by the compensation committee of ATEN on February 2, 2021, resulting in 33,333 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest as to one-third on each of the first, second and third anniversaries of achievement of the milestone, subject to continued employment. These shares are reflected on Table I. Each share is represented by a Performance-based Restricted Stock Unit ("PSU") Grant of 41,916 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 trading period between February 2, 2021 and February 2, 2025 (each, a "Performance Milestone"). Upon achievement of a Performance Milestone, vesting is subject to continued employment with the Company through the applicable vesting date, which occurs in three equal installments with the first vesting to occur within thirty (30) days of achievement of the Performance Milestone and an additional one-third (1/3) on each of the first and second anniversaries of the date of achievement of the corresponding Performance Milestone. /s/ Robert Cochran, Attorney-in-fact 2021-02-04