A10 Networks director awarded 7,233 RSUs
CHUNG PETER Y reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CHUNG PETER Y reported acquisition or exercise transactions in this Form 4 filing.
A10 Networks, Inc. reported that director Peter Y. Chung received a grant of 7,233 restricted stock units (RSUs) of Common Stock as part of the director compensation program. These RSUs vest on the earlier of April 22, 2027 or the company’s next Annual Meeting.
Upon vesting, the RSUs will settle in an equal number of A10 Networks common shares, provided Mr. Chung remains in continuous service through the vesting date. After this grant, 207,298 shares and RSUs are held in his name for the benefit of Summit Partners, L.P., and he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,233 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units granted to Mr. Chung as part of the director compensation program. The restricted stock units will vest on the earlier of April 22, 2027, or the date of the Issuer's next Annual Meeting, and will settle solely by delivery of an equal number of shares of Common Stock provided that Mr. Chung remains in continuous service with the Issuer through the vesting date.
- F2. The 207,298 shares and restricted stock units are held in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P.
- F3. Mr. Chung holds any Common Stock and restricted stock units for the benefit of Summit Partners, L.P. and Mr. Chung disclaims beneficial ownership of the shares of common stock and the restricted stock units, except to the extent of their pecuniary interest therein.
Key Figures
Key Terms
restricted stock units financial
director compensation program financial
Annual Meeting financial
beneficial ownership financial
pecuniary interest financial
FAQ
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What did A10 Networks (ATEN) disclose in this Form 4 for Peter Y. Chung?
How many A10 Networks (ATEN) RSUs were granted to director Peter Y. Chung?
When do Peter Y. Chung’s A10 Networks (ATEN) restricted stock units vest?
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