FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
JUNIPER NETWORKS INC [ JNPR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/08/2011 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 02/08/2011 | M | 375,000 | A | $15 | 429,354 | D | |||
Common Stock | 02/08/2011 | S | 375,000 | D | $40.2284(1) | 54,354 | D | |||
Common Stock | 02/08/2011 | M | 325,000 | A | $28.17 | 379,354 | D | |||
Common Stock | 02/08/2011 | S | 325,000 | D | $40.2284(1) | 54,354 | D | |||
Common Stock | 02/09/2011 | M | 425,000 | A | $28.17 | 479,354 | D | |||
Common Stock | 02/09/2011 | S | 425,000 | D | $40.4673(2) | 54,354 | D | |||
Common Stock | 02/09/2011 | M | 123,750 | A | $25.16 | 178,104 | D | |||
Common Stock | 02/09/2011 | S | 123,750 | D | $40.4673(2) | 54,354 | D | |||
Common Stock | 02/09/2011 | M | 100,000 | A | $22.59 | 154,354 | D | |||
Common Stock | 02/09/2011 | S | 100,000 | D | $40.4673(2) | 54,354 | D | |||
Common Stock | 02/09/2011 | M | 151,250 | A | $22.59 | 205,604 | D | |||
Common Stock | 02/09/2011 | S | 151,250 | D | $40.4673(2) | 54,354 | D | |||
Common Stock | 2,000,000 | I | 10y Remainder Trust(3) | |||||||
Common Stock | 2,000,000 | I | 20y Remainder Trust(4) | |||||||
Common Stock | 202,037 | I | By Foundation | |||||||
Common Stock | 3,531,535 | I | by 1996 Kriens Trust(5) | |||||||
Common Stock | 355,000 | I | by KDI Trust LP | |||||||
Common Stock | 384,750 | I | by Partnership(6) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (right to buy) | $15 | 02/08/2011 | M | 375,000 | 09/26/2004(7) | 09/26/2013 | Common Stock | 375,000 | $0(8) | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $22.59 | 02/09/2011 | M | 100,000 | 02/01/2006(9) | 04/29/2015 | Common Stock | 100,000 | $0(8) | 545,000 | D | ||||
Non-Qualified Stock Option (right to buy) | $22.59 | 02/09/2011 | M | 151,250 | 01/01/2006(10) | 04/29/2015 | Common Stock | 151,250 | $0(8) | 393,750 | D | ||||
Non-Qualified Stock Option (right to buy) | $25.16 | 02/09/2011 | M | 123,750 | 03/21/2009(7) | 03/21/2015 | Common Stock | 123,750 | $0(8) | 56,250 | D | ||||
Non-Qualified Stock Option (right to buy) | $28.17 | 02/08/2011 | M | 325,000 | 01/29/2005(7) | 01/29/2014 | Common Stock | 325,000 | $0(8) | 425,000 | D | ||||
Non-Qualified Stock Option (right to buy) | $28.17 | 02/09/2011 | M | 425,000 | 01/29/2005(7) | 01/29/2014 | Common Stock | 425,000 | $0(8) | 0 | D |
Explanation of Responses: |
1. The sale price represents the weighted average sale price in the range of 40.10 to 40.60 per share. The Company can provide the full information regarding the number of shares sold at each separate price upon further request. |
2. The sale price represents the weighted average sale price in the range of 40.30 to 40.64 per share. The Company can provide the full information regarding the number of shares sold at each separate price upon further request. |
3. Shares held by the 2010 Kriens 10 Year Charitable Remainder Trust, of which the reporting person holds a pecuniary interest. |
4. Shares held by the 2010 Kriens 20 Year Charitable Remainder Trust, of which the reporting person holds a pecuniary interest. |
5. Held by the Kriens 1996 Trust U/T/A October 29, 1996 over which the Reporting Person and his spouse exercise investment and voting control. |
6. Held by Saratoga Investments, LP over which the reporting person exercises voting and investment control. |
7. Vests as to 25% of the shares subject to the option one year from the grant date and the balance shall vest in thirty six successive equal monthly installments thereafter. |
8. Column 8 is not an applicable reportable field. |
9. The option will vest as to 1/48th of the shares on January 1, 2006 and in equal monthly installments of 1/48th on each monthly anniversary thereafter. |
10. Vests as to 25% of the shares on January 1, 2006 and the balance shall vest in thirty six successive equal monthly installments thereafter. |
By: Mitchell L. Gaynor, Attorney in fact For: Scott G. Kriens | 02/10/2011 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |