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