STOCK TITAN

[Form 4] Juniper Networks Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Form 4 highlights: Director Christine Marie Gorjanc disposed of 51,154 shares of Juniper Networks common stock and 6,840 restricted stock units (RSUs) on 07/02/2025. The disposition was involuntary and stems from the closing of the previously announced merger whereby Jasmine Acquisition Sub, Inc., a wholly-owned subsidiary of Hewlett Packard Enterprise Company ("Parent"), merged with and into Juniper Networks (the "Issuer").

Under the Merger Agreement dated 01/09/2024, every outstanding Juniper share was automatically converted into the right to receive $40.00 in cash ("Merger Consideration"). Similarly, each non-employee director RSU was cancelled and exchanged for a cash payment equal to the number of underlying shares multiplied by the same $40 consideration. Following these cash settlements, the reporting person now holds 0 shares and 0 derivative securities, and Juniper Networks has become a wholly-owned subsidiary of the Parent, ending its status as an independent public company.

The filing is procedural but confirms that (1) the merger closed on 07/02/2025, (2) shareholders—including insiders—received the agreed cash payout, and (3) Juniper equity instruments have been fully extinguished.

Punti salienti del Modulo 4: La direttrice Christine Marie Gorjanc ha ceduto 51.154 azioni ordinarie di Juniper Networks e 6.840 unità azionarie vincolate (RSU) il 02/07/2025. La cessione è stata involontaria e deriva dalla chiusura della fusione precedentemente annunciata, in cui Jasmine Acquisition Sub, Inc., una controllata interamente posseduta da Hewlett Packard Enterprise Company ("Società madre"), si è fusa con Juniper Networks (l'"Emittente").

In base all'Accordo di Fusione datato 09/01/2024, ogni azione Juniper in circolazione è stata automaticamente convertita nel diritto di ricevere 40,00 $ in contanti ("Corrispettivo di Fusione"). Allo stesso modo, ogni RSU detenuta da un amministratore non dipendente è stata cancellata e sostituita da un pagamento in contanti pari al numero di azioni sottostanti moltiplicato per lo stesso corrispettivo di 40 $. Dopo questi pagamenti in contanti, la persona segnalante detiene ora 0 azioni e 0 strumenti derivati, e Juniper Networks è diventata una controllata interamente posseduta dalla Società madre, cessando così di essere una società pubblica indipendente.

La presentazione è di natura procedurale ma conferma che (1) la fusione si è conclusa il 02/07/2025, (2) gli azionisti—compresi gli insider—hanno ricevuto il pagamento in contanti concordato, e (3) gli strumenti azionari di Juniper sono stati completamente estinti.

Aspectos destacados del Formulario 4: La directora Christine Marie Gorjanc dispuso de 51,154 acciones ordinarias de Juniper Networks y 6,840 unidades restringidas de acciones (RSU) el 02/07/2025. La disposición fue involuntaria y se originó por el cierre de la fusión previamente anunciada, en la que Jasmine Acquisition Sub, Inc., una subsidiaria de propiedad total de Hewlett Packard Enterprise Company ("Matriz"), se fusionó con Juniper Networks (el "Emisor").

Bajo el Acuerdo de Fusión fechado el 09/01/2024, cada acción en circulación de Juniper se convirtió automáticamente en el derecho a recibir 40,00 $ en efectivo ("Consideración de Fusión"). De manera similar, cada RSU de director no empleado fue cancelada y cambiada por un pago en efectivo igual al número de acciones subyacentes multiplicado por la misma consideración de 40 $. Tras estos pagos en efectivo, la persona reportante ahora posee 0 acciones y 0 valores derivados, y Juniper Networks se ha convertido en una subsidiaria de propiedad total de la Matriz, poniendo fin a su condición de empresa pública independiente.

La presentación es de carácter procedimental pero confirma que (1) la fusión se cerró el 02/07/2025, (2) los accionistas—incluidos los internos—recibieron el pago en efectivo acordado, y (3) los instrumentos de capital de Juniper han sido completamente extinguidos.

Form 4 주요 내용: 이사 Christine Marie Gorjanc는 2025년 7월 2일에 Juniper Networks 보통주 51,154주6,840 제한 주식 단위(RSU)를 처분했습니다. 이 처분은 비자발적이며, Hewlett Packard Enterprise Company(“모회사”)의 완전 자회사인 Jasmine Acquisition Sub, Inc.가 Juniper Networks(“발행회사”)와 합병을 완료함에 따른 것입니다.

2024년 1월 9일자 합병 계약에 따라, 발행 중인 모든 Juniper 주식은 자동으로 주당 40.00달러 현금(“합병 대가”)을 받을 권리로 전환되었습니다. 마찬가지로, 비임원 이사의 RSU도 취소되어 해당 주식 수에 동일한 40달러 대가를 곱한 금액의 현금으로 교환되었습니다. 이 현금 정산 후, 보고자는 현재 주식 0주 및 파생 증권 0개를 보유하고 있으며, Juniper Networks는 모회사의 완전 자회사가 되어 독립적인 공개 회사 지위를 종료했습니다.

이번 제출은 절차상의 것이지만 (1) 합병이 2025년 7월 2일에 완료되었고, (2) 주주들—내부자 포함—이 합의된 현금 지급을 받았으며, (3) Juniper의 주식 관련 증권이 완전히 소멸되었음을 확인합니다.

Points clés du Formulaire 4 : La directrice Christine Marie Gorjanc a cédé 51 154 actions ordinaires de Juniper Networks et 6 840 unités d’actions restreintes (RSU) le 02/07/2025. Cette cession était involontaire et résulte de la clôture de la fusion précédemment annoncée, par laquelle Jasmine Acquisition Sub, Inc., une filiale en propriété exclusive de Hewlett Packard Enterprise Company ("Société mère"), a fusionné avec Juniper Networks (l’"Émetteur").

Conformément à l’accord de fusion daté du 09/01/2024, chaque action Juniper en circulation a été automatiquement convertie en un droit de recevoir 40,00 $ en espèces ("Contrepartie de la fusion"). De même, chaque RSU détenue par un administrateur non salarié a été annulée et échangée contre un paiement en espèces égal au nombre d’actions sous-jacentes multiplié par la même contrepartie de 40 $. Après ces règlements en espèces, la personne déclarante ne détient plus aucune action ni aucun titre dérivé, et Juniper Networks est devenue une filiale en propriété exclusive de la Société mère, mettant fin à son statut de société publique indépendante.

Le dépôt est de nature procédurale mais confirme que (1) la fusion a été finalisée le 02/07/2025, (2) les actionnaires—y compris les initiés—ont reçu le paiement en espèces convenu, et (3) les instruments de capital de Juniper ont été entièrement annulés.

Formular 4 Highlights: Direktorin Christine Marie Gorjanc veräußerte am 02.07.2025 51.154 Aktien der Juniper Networks Stammaktien sowie 6.840 Restricted Stock Units (RSUs). Die Veräußerung erfolgte unfreiwillig und resultiert aus dem Abschluss der zuvor angekündigten Fusion, bei der Jasmine Acquisition Sub, Inc., eine hundertprozentige Tochtergesellschaft der Hewlett Packard Enterprise Company ("Muttergesellschaft"), mit Juniper Networks (dem "Emittenten") verschmolzen wurde.

Gemäß dem Fusionsvertrag vom 09.01.2024 wurde jede ausstehende Juniper-Aktie automatisch in das Recht auf 40,00 $ in bar ("Fusionsgegenleistung") umgewandelt. Ebenso wurden alle RSUs von nicht angestellten Direktoren storniert und gegen eine Barauszahlung eingetauscht, die der Anzahl der zugrunde liegenden Aktien multipliziert mit der gleichen Gegenleistung von 40 $ entspricht. Nach diesen Barausgleichen hält die meldende Person nun 0 Aktien und 0 derivative Wertpapiere, und Juniper Networks ist eine hundertprozentige Tochtergesellschaft der Muttergesellschaft geworden, womit der Status als unabhängiges börsennotiertes Unternehmen endet.

Die Meldung ist formell, bestätigt jedoch, dass (1) die Fusion am 02.07.2025 abgeschlossen wurde, (2) die Aktionäre—einschließlich Insider—die vereinbarte Barauszahlung erhalten haben und (3) die Juniper-Aktieninstrumente vollständig ausgelöscht wurden.

Positive
  • $40.00 per share cash payout to all Juniper shareholders is confirmed, providing immediate liquidity and certainty.
Negative
  • All Juniper equity extinguished; investors no longer participate in any future upside as the company is now privately held under the Parent.

Insights

TL;DR: Filing confirms merger close; Juniper shares cashed out at $40—neutral for arbitrageurs, final for public shareholders.

The Form 4 is a post-closing disclosure documenting the automatic cash-out of a director’s equity under the Hewlett Packard Enterprise–Juniper merger. Because the $40 per-share price was disclosed months earlier, the impact on valuation is already embedded; this filing merely records settlement mechanics. Investors who still held JNPR receive cash and exit their position, eliminating future participation in Juniper’s standalone prospects. For merger-arbitrage funds, it verifies deal completion and allows capital redeployment. No new operational or financial metrics are provided, so market impact is neutral.

Punti salienti del Modulo 4: La direttrice Christine Marie Gorjanc ha ceduto 51.154 azioni ordinarie di Juniper Networks e 6.840 unità azionarie vincolate (RSU) il 02/07/2025. La cessione è stata involontaria e deriva dalla chiusura della fusione precedentemente annunciata, in cui Jasmine Acquisition Sub, Inc., una controllata interamente posseduta da Hewlett Packard Enterprise Company ("Società madre"), si è fusa con Juniper Networks (l'"Emittente").

In base all'Accordo di Fusione datato 09/01/2024, ogni azione Juniper in circolazione è stata automaticamente convertita nel diritto di ricevere 40,00 $ in contanti ("Corrispettivo di Fusione"). Allo stesso modo, ogni RSU detenuta da un amministratore non dipendente è stata cancellata e sostituita da un pagamento in contanti pari al numero di azioni sottostanti moltiplicato per lo stesso corrispettivo di 40 $. Dopo questi pagamenti in contanti, la persona segnalante detiene ora 0 azioni e 0 strumenti derivati, e Juniper Networks è diventata una controllata interamente posseduta dalla Società madre, cessando così di essere una società pubblica indipendente.

La presentazione è di natura procedurale ma conferma che (1) la fusione si è conclusa il 02/07/2025, (2) gli azionisti—compresi gli insider—hanno ricevuto il pagamento in contanti concordato, e (3) gli strumenti azionari di Juniper sono stati completamente estinti.

Aspectos destacados del Formulario 4: La directora Christine Marie Gorjanc dispuso de 51,154 acciones ordinarias de Juniper Networks y 6,840 unidades restringidas de acciones (RSU) el 02/07/2025. La disposición fue involuntaria y se originó por el cierre de la fusión previamente anunciada, en la que Jasmine Acquisition Sub, Inc., una subsidiaria de propiedad total de Hewlett Packard Enterprise Company ("Matriz"), se fusionó con Juniper Networks (el "Emisor").

Bajo el Acuerdo de Fusión fechado el 09/01/2024, cada acción en circulación de Juniper se convirtió automáticamente en el derecho a recibir 40,00 $ en efectivo ("Consideración de Fusión"). De manera similar, cada RSU de director no empleado fue cancelada y cambiada por un pago en efectivo igual al número de acciones subyacentes multiplicado por la misma consideración de 40 $. Tras estos pagos en efectivo, la persona reportante ahora posee 0 acciones y 0 valores derivados, y Juniper Networks se ha convertido en una subsidiaria de propiedad total de la Matriz, poniendo fin a su condición de empresa pública independiente.

La presentación es de carácter procedimental pero confirma que (1) la fusión se cerró el 02/07/2025, (2) los accionistas—incluidos los internos—recibieron el pago en efectivo acordado, y (3) los instrumentos de capital de Juniper han sido completamente extinguidos.

Form 4 주요 내용: 이사 Christine Marie Gorjanc는 2025년 7월 2일에 Juniper Networks 보통주 51,154주6,840 제한 주식 단위(RSU)를 처분했습니다. 이 처분은 비자발적이며, Hewlett Packard Enterprise Company(“모회사”)의 완전 자회사인 Jasmine Acquisition Sub, Inc.가 Juniper Networks(“발행회사”)와 합병을 완료함에 따른 것입니다.

2024년 1월 9일자 합병 계약에 따라, 발행 중인 모든 Juniper 주식은 자동으로 주당 40.00달러 현금(“합병 대가”)을 받을 권리로 전환되었습니다. 마찬가지로, 비임원 이사의 RSU도 취소되어 해당 주식 수에 동일한 40달러 대가를 곱한 금액의 현금으로 교환되었습니다. 이 현금 정산 후, 보고자는 현재 주식 0주 및 파생 증권 0개를 보유하고 있으며, Juniper Networks는 모회사의 완전 자회사가 되어 독립적인 공개 회사 지위를 종료했습니다.

이번 제출은 절차상의 것이지만 (1) 합병이 2025년 7월 2일에 완료되었고, (2) 주주들—내부자 포함—이 합의된 현금 지급을 받았으며, (3) Juniper의 주식 관련 증권이 완전히 소멸되었음을 확인합니다.

Points clés du Formulaire 4 : La directrice Christine Marie Gorjanc a cédé 51 154 actions ordinaires de Juniper Networks et 6 840 unités d’actions restreintes (RSU) le 02/07/2025. Cette cession était involontaire et résulte de la clôture de la fusion précédemment annoncée, par laquelle Jasmine Acquisition Sub, Inc., une filiale en propriété exclusive de Hewlett Packard Enterprise Company ("Société mère"), a fusionné avec Juniper Networks (l’"Émetteur").

Conformément à l’accord de fusion daté du 09/01/2024, chaque action Juniper en circulation a été automatiquement convertie en un droit de recevoir 40,00 $ en espèces ("Contrepartie de la fusion"). De même, chaque RSU détenue par un administrateur non salarié a été annulée et échangée contre un paiement en espèces égal au nombre d’actions sous-jacentes multiplié par la même contrepartie de 40 $. Après ces règlements en espèces, la personne déclarante ne détient plus aucune action ni aucun titre dérivé, et Juniper Networks est devenue une filiale en propriété exclusive de la Société mère, mettant fin à son statut de société publique indépendante.

Le dépôt est de nature procédurale mais confirme que (1) la fusion a été finalisée le 02/07/2025, (2) les actionnaires—y compris les initiés—ont reçu le paiement en espèces convenu, et (3) les instruments de capital de Juniper ont été entièrement annulés.

Formular 4 Highlights: Direktorin Christine Marie Gorjanc veräußerte am 02.07.2025 51.154 Aktien der Juniper Networks Stammaktien sowie 6.840 Restricted Stock Units (RSUs). Die Veräußerung erfolgte unfreiwillig und resultiert aus dem Abschluss der zuvor angekündigten Fusion, bei der Jasmine Acquisition Sub, Inc., eine hundertprozentige Tochtergesellschaft der Hewlett Packard Enterprise Company ("Muttergesellschaft"), mit Juniper Networks (dem "Emittenten") verschmolzen wurde.

Gemäß dem Fusionsvertrag vom 09.01.2024 wurde jede ausstehende Juniper-Aktie automatisch in das Recht auf 40,00 $ in bar ("Fusionsgegenleistung") umgewandelt. Ebenso wurden alle RSUs von nicht angestellten Direktoren storniert und gegen eine Barauszahlung eingetauscht, die der Anzahl der zugrunde liegenden Aktien multipliziert mit der gleichen Gegenleistung von 40 $ entspricht. Nach diesen Barausgleichen hält die meldende Person nun 0 Aktien und 0 derivative Wertpapiere, und Juniper Networks ist eine hundertprozentige Tochtergesellschaft der Muttergesellschaft geworden, womit der Status als unabhängiges börsennotiertes Unternehmen endet.

Die Meldung ist formell, bestätigt jedoch, dass (1) die Fusion am 02.07.2025 abgeschlossen wurde, (2) die Aktionäre—einschließlich Insider—die vereinbarte Barauszahlung erhalten haben und (3) die Juniper-Aktieninstrumente vollständig ausgelöscht wurden.

SEC Form 4
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Merchant Rahul N

(Last) (First) (Middle)
1133 INNOVATION WAY

(Street)
SUNNYVALE CA 94089

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
JUNIPER NETWORKS INC [ JNPR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 07/02/2025 D 76,013 D (1) 0 D
Common Stock 07/02/2025 D 12,511 D (1) 0 I By Trust(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
RSU Award $0 07/02/2025 D 6,840 (3) (4) Common Stock 6,840 (3) 0 D
Explanation of Responses:
1. Pursuant to an Agreement and Plan of Merger, dated as of January 9, 2024 (the "Merger Agreement"), entered into by and among Juniper Networks, Inc., a Delaware corporation (the "Issuer"), Hewlett Packard Enterprise Company, a Delaware corporation ("Parent"), and Jasmine Acquisition Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), on July 2, 2025, in accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Parent (the "Merger"). In connection with the Merger, each outstanding share of Issuer common stock ("Share") was converted into the right to receive an amount equal to $40.00 per share in cash, without interest (the "Merger Consideration").
2. Shares held by two family trusts for the benefit of Mr. Merchant and his wife. Mr. Merchant serves as the trustee for one trust, and his wife serves as the trustee for the other trust.
3. Pursuant to the Merger Agreement, each Issuer restricted stock unit ("RSU") award outstanding immediately prior to the effective time of the Merger and held by a non-employee member of the Issuer's board of directors was cancelled and converted into the right to receive an amount of cash equal to the product of (A) the number of Shares that were subject to such Issuer RSU award as of immediately prior to the effective time of the Merger, multiplied by (B) the Merger Consideration.
4. Not applicable.
By: /s/ Colin Lloyd, as attorney-in-fact For: Rahul Merchant 07/02/2025
** 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.

FAQ

What transaction is reported in Juniper Networks (JNPR) Form 4?

The director’s disposal of 51,154 common shares and 6,840 RSUs due to the cash merger with Hewlett Packard Enterprise.

What cash amount did Juniper shareholders receive per share?

Each share was converted into $40.00 in cash at closing.

How many shares did Christine Gorjanc dispose of?

She disposed of 51,154 common shares.

What happened to the director’s RSU awards?

All 6,840 RSUs were cancelled and paid out in cash at $40 per underlying share.

Does the reporting person hold any Juniper securities after this filing?

No. Following the merger settlement, she owns 0 shares and 0 derivative securities.
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