January 30, 2024 · Form 4 insider transaction
Thomas Karen S. bought 6,627 shares of A10 Networks, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Each share is represented by a Performance-based Restricted Stock Unit ("PSU").; Grant of 6,627 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 period between January 30, 2024 and January 30, 2028. Vesting is subject to continued employment with the Company through the applicable vesting date, which occurs in three equal annual installments beginning on the date of achievement of the milestone and the balance on the first and second anniversaries of the corresponding performance milestone.