Sec Form 4 Filing - SINDHU PRADEEP @ JUNIPER NETWORKS INC - 2016-05-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SINDHU PRADEEP
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
X __ Officer (give title below) _____ Other (specify below)
EVP CTO
(Last) (First) (Middle)
1133 INNOVATION WAY
3. Date of Earliest Transaction (MM/DD/YY)
05/31/2016
(Street)
SUNNYVALE, CA94089
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 05/31/2016 S 182,362 ( 1 ) D 1,017,076 ( 1 ) I By Family LP ( 1 )
Common Stock 2,498,890 I By Family Trust
Common Stock 585,000 I By Sindhu 2016 GRAT
Common Stock 585,000 I By Bertrand GRAT
Common Stock 20,798 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SINDHU PRADEEP
1133 INNOVATION WAY
SUNNYVALE, CA94089
X EVP CTO
Signatures
/s/ Rob Mobassaly, as Attorney-in-Fact for Pradeep Sindhu 06/01/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reported securities are held by Sindhu Investments L.P., (the "Family LP") a limited partnership of which the reporting person is the sole general partner. The Family LP holds 1,017,076 shares of Juniper Common Stock as well as other assets. On May 31, 2016, the reporting person and his spouse sold an aggregate of a 17.93% interest in the Family LP to certain other limited partners in the Family LP. The sale price of the limited partnership interest was determined by a third party valuation firm. The fair market value of the shares of Juniper Common Stock transferred as of May 31, 2016 was $4,269,094.42, which was based on the closing price per share on such date. The reporting person disclaims beneficial ownership of the Juniper Common Stock held by the Family LP except to the extent of his pecuniary interest therein.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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