Transaction Details

Footnotes

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. | Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each unvested Issuer restricted stock unit ("RSU") award outstanding immediately prior to the Effective Time was converted into an RSU award to acquire the number of shares of common stock of Parent ("Parent Shares") (rounded to the nearest whole share), determined by multiplying (i) the number of Shares subject to the RSU award prior to the Effective Time by (ii) 2.1431 (the "Exchange Ratio"). Unless otherwise agreed between the Reporting Person and Parent, each such Parent RSU award continues to have, and is subject to, the same terms and conditions as applied to the corresponding Issuer RSU award immediately prior to the Effective Time. | Not applicable. | Represents performance stock units ("PSUs") for which performance was deemed achieved based on actual performance or assuming target performance at the Effective Time, but which remain subject to time-based vesting conditions. | Pursuant to the Merger Agreement, at the Effective Time, each Issuer PSU award outstanding immediately prior to the Effective Time was converted into a PSU award to acquire the number of Parent Shares (rounded to the nearest whole share) determined by multiplying (i) the number of Shares subject to the PSU award prior to the Effective Time by (ii) the Exchange Ratio. Unless otherwise agreed between the Reporting Person and Parent, each such Parent PSU award continues to have, and is subject to, the same terms and conditions as applied to the corresponding Issuer PSU award immediately prior to the Effective Time, except that any such Parent PSU award is no longer subject to performance-based vesting. | Includes Shares underlying PSUs described in footnote (4). | Pursuant to the Merger Agreement, at the Effective Time, each option to purchase Shares granted under the Issuer's stock plans (an "Issuer Option") outstanding immediately prior to the Effective Time was converted into an option (a "Parent Option") to purchase the number of shares of common stock of Parent (rounded down to the nearest whole share) determined by multiplying (i) the number of Shares subject to the Issuer Option immediately prior to the Effective Time by (ii) the Exchange Ratio, with an exercise price per share of common stock of Parent (rounded up to the nearest whole cent) determined by dividing (i) the exercise price of the Issuer Option immediately prior to the Effective Time by (ii) the Exchange Ratio. Unless otherwise agreed between the Reporting Person and Parent, each such Parent Option award continues to have, and is subject to, the same terms and conditions as applied to the corresponding Issuer Option award immediately prior to the Effective Time.