X0201 3 2004-04-16 0 0001043604 JUNIPER NETWORKS INC JNPR 0001270521 KOLLURI KRISHNA KITTU 1194 NORTH MATHILDA AVENUE SUNNYVALE CA 94089 0 1 0 0 GM, Security Products Group Common Stock 288014 D Common Stock 42471 I by Trust Incentive Stock Option (right to buy) Common Stock 203223 D Non-Qualified Stock Option (right to buy) Common Stock 280800 D Received in exchange for 205,138 shares of Netscreen Technologies, Inc. common stock in connection with the merger of Netscreen Technologies into Juniper Networks, Inc. (the "Merger"). On the effective date of the Merger, the closing price of Netscreen Tehnology Inc.'s common stock was $35.11 and the closing price of Juniper Networks, Inc.'s common stock was $25.17. Received in exchange for 30,250 shares of Netscreen Technologies, Inc. common stock in connection with the merger of Netscreen Technologies into Juniper Networks, Inc. (the "Merger"). On the effective date of the Merger, the closing price of Netscreen Tehnology Inc.'s common stock was $35.11 and the closing price of Juniper Networks, Inc.'s common stock was $25.17. Held by the Kolluri LivingTrust over which the Reporting Person exercises investment and voting control. Vests as to 25% of the shares subject to the option on the first anniversary of the date of grant and monthly thereafter as to 1/48th of the shares subject to the option. The option was originally granted under the Neoteris, Inc. 2001 Stock Option Plan and expires on 2/27/2013. Received in the Merger in exchange for stock option to acquire 144,746 shares of Netscreen Technology, Inc. at $1.21 per share. The option was originally granted under the Netscreen Technologies, Inc. 2001 Equity Incentive Plan and expires on 11/27/2013. Received in the Merger in exchange for stock option to acquire 200,000 shares of Netscreen Technology, Inc. at $25.31 per share. Exhibit List By: Mitchell L. Gaynor, attorney-in-fact For: Krishna Kolluri 2004-04-19