A10 NETWORKS, INC. Item 5.02. Departure of Directors of Principal Officers; Election of Directors; Appointment of Principal Officers.
(e) Compensatory Arrangements of Certain Officers.
OnJanuary 25, 2022 , the Compensation Committee (the "Compensation Committee") of the board of directors ofA10 Networks, Inc. (the "Company") completed an annual review of executive compensation, which included a review of annual base salary, bonus target amounts for 2022 and confirmation of payouts under the Company's 2021 Executive Incentive Plan (the "2021 Plan") for its executive officers. In connection with this review, the Compensation Committee confirmed and approved the following cash payouts under the 2021 Plan for performance in 2021: Name Title Cash Bonus Amount Dhrupad Trivedi Chief Executive Officer$840,000 Brian Becker Chief Financial Officer$210,000 Matt Bruening Executive Vice President, Worldwide$448,000 Sales & Marketing Robert Cochran Executive Vice President, Legal and$211,220 Corporate Collaboration In addition, the Compensation Committee approved annual base salary and target cash bonus amounts under the Company's 2022 Executive Incentive Plan (the "2022 Plan") for 2022 as set forth below. Actual cash payouts under the bonus program the 2022 Plan will be subject to the achievement of certain Company revenue and adjusted EBITDA performance goals as approved by the Compensation Committee. Name 2022 Salary* Annual Target Bonus
Annual Target Bonus Amount
Percentage
Dhrupad Trivedi $650,000 100% $650,000
Brian Becker $310,000 50% $155,000
Matt Bruening $340,000 100% $340,000
Robert Cochran $301,744 50% $150,872
*Effective February 1, 2022 --------------------------------------------------------------------------------
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