Hooshmand Kambiz - 21 May 2021 Form 4 Insider Report for Infinera Corp

Role
Director
Signature
/s/ Michael Hopp, by Power of Attorney
Issuer symbol
N/A
Transactions as of
21 May 2021
Net transactions value
$0
Form type
4
Filing time
25 May 2021, 21:19:50 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Options Exercise $0 +32,101 +27% $0.000000 149,888 21 May 2021 Direct
holding INFN Common Stock 8,547 21 May 2021 See Footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INFN Restricted Stock Units Options Exercise $0 -32,101 -100% $0.000000* 0 21 May 2021 Common Stock 32,101 Direct F2, F3
transaction INFN Restricted Stock Units Award $0 +18,211 $0.000000 18,211 21 May 2021 Common Stock 18,211 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held directly by Mr. Hooshmand and Farinaz Attarzadeh, as trustees of The 2002 Hooshmand Family Trust dated March 1, 2002.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
F3 These RSUs have a vesting commencement date of May 21, 2020 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Hooshmand's continued service to the Company.
F4 These RSUs have a vesting commencement date of May 21, 2021 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Hooshmand's continued service to the Company.

Remarks:

Exhibit 24 - Power of Attorney