A10 Networks, Inc 8-K, filed Jan 20, 2021
A10 Networks, Inc. (ATEN)
8-K
2021-01-20
For: 2021-01-13
View Original
Added on
April 04, 2026
About this 8-K
A10 Networks, Inc filed this 8-K on January 20, 2021, reporting on events of January 13, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
____________________________________________________________________________
(Exact name of the registrant as specified in its charter)
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| (State or Other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
(Address of principal executive offices, including zip code)
(408 ) 325-8668
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Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed on December 4, 2020, Gunter Reiss resigned as the Vice President Worldwide Marketing of A10 Networks, Inc., (the "Company") effective December 31, 2020. In connection with his resignation, the Board of Directors authorized the Company to make the severance payments set forth in the Company’s Form of Change in Control and Severance Agreement, which Mr. Reiss entered into on October 23, 2017 when he was appointed Vice President Worldwide Marketing, such amount which is approximately $227,386 over a nine month period, subject to appropriate withholdings and the terms and conditions contained in such agreement. In addition, the Company will reimburse Mr. Reiss for COBRA continued health care coverage at the premium level in effect prior to the termination for Mr. Reiss and his dependents for nine months. Mr. Reiss will also receive a cash payment of $30,000, subject to appropriate withholdings. A copy of the Form of Change in Control and Severance Agreement was previously filed with the Securities and Exchange Commission on March 10, 2014, as Exhibit 10.25 to Amendment No. 1 to Form S-1, and the terms of the Form of Change in Control and Severance Agreement are incorporated herein by reference.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 20, 2021
| A10 NETWORKS, INC. | |||||
| By: /s/ Robert Cochran | |||||
| Robert Cochran | |||||
| Executive Vice President, Legal and Corporate Collaboration and Secretary | |||||