Dhrupad Trivedi

President and Chief Executive Officer at A10 Networks

Board

Since December 2019

Age

58 years

Education

Holds a Ph.D. in Electrical Engineering from the University of Massachusetts, Amherst, a Master's degree in Electrical Engineering from the University of Alabama, and an MBA in Finance from Duke University.

Tenure

Joined A10 Networks in December 2019 as President and Chief Executive Officer and was promoted to Chairperson in September 2020.

Also at A10 Networks

Brian Becker

Chief Financial Officer (CFO)

Scott Weber

General Counsel and Corporate Secretary

About

Dhrupad Trivedi serves as the President, Chief Executive Officer, and Chairperson of A10 Networks, Inc. since December 2019, having assumed leadership roles that include his initial appointment as CEO and a subsequent promotion to Chairperson in September 2020.

With a robust background in technology leadership, he previously held significant responsibilities at Belden Inc. as President of Network Solutions – Industrial IT/IOT and Cybersecurity from March 2013 to November 2019, and he also contributed in various capacities at JDS Uniphase Corporation.

His academic achievements, which include advanced degrees in electrical engineering and finance, underpin his strategic approach and global leadership at A10 Networks.

$ATEN Performance Under Dhrupad Trivedi

Past Roles

Organization	Role	Date Range	Details
Belden Inc.	President, Network Solutions – Industrial IT/IOT and Cybersecurity	March 2013 to November 2019	N/A
Belden Inc.	Corporate Vice President	January 2010 to March 2013	N/A
JDS Uniphase Corporation	General management and corporate development roles	N/A	N/A

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Salary	$675,000	Annual	Fixed base salary
Stock Awards - RSUs	$4,500,005	As per vesting schedule (details not provided)	Comprises 182,255 shares: 132,549 shares at $2,438,902 and 49,706 shares at $914,590
All Other Compensation	$7,451	Annual	Includes life insurance premiums and 401(k) matching contributions

Performance Compensation

Data from FY 2024

Bonus Performance Compensation

Metric	Value
Revenue Weighting	50%
Adjusted EBITDA Weighting	50%
Revenue Threshold	$247 million (60% payout)
Revenue Target	$261.6 million (100% payout)
Revenue Maximum	$264 million (140% payout)
Adjusted EBITDA Threshold	$68 million (60% payout)
Adjusted EBITDA Target	$75.3 million (100% payout)
Adjusted EBITDA Maximum	$78 million (140% payout)
Fixed Bonus Award Opportunity	$775,000
Individual Performance Multiplier	107%
Final Bonus Payout	$825,000
Evaluation Period	2024
Payment Conditions	Contingent on employment through payout date

Stock Awards - PSUs Performance Compensation

Metric	Value
Number of PSUs Granted	198,821
Grant Date Fair Value	$2,699,989
Grant Date	January 30, 2024
Grant Date Stock Price	$12.59
Performance Milestone 1	$15.23 VWAP (50% of shares vest upon meeting this milestone)
Performance Milestone 2	$16.71 VWAP (remaining 50% of shares vest upon meeting this milestone)
Vesting Schedule	50% vests within 30 days; 25% on 1st anniversary; 25% on 2nd anniversary of milestone achievement
Achievement	$15.23 milestone met as of Dec 31, 2024
Performance Period	January 30, 2024 to January 30, 2028

Non-Equity Incentive Plan Compensation

Metric	Value
Revenue Weighting	50%
Adjusted EBITDA Weighting	50%
Revenue Threshold/Target/Max	$247M / $261.6M / $264M respectively
Adjusted EBITDA Threshold/Target/Max	$68M / $75.3M / $78M respectively
Corporate Achievement Level	99.5% overall
Fixed Target Award Opportunity	$775,000
Final Award Payout	$825,000
Individual Performance Multiplier	107%
Payment Mechanism	Cash-based; no vesting schedule