Nancy Erba - 05 Jun 2021 Form 4 Insider Report for Infinera Corp (INFN)

Role: Chief Financial Officer
Signature: /s/ Michael Hopp, by Power of Attorney
Issuer symbol: INFN
Transactions as of: 05 Jun 2021
Net transactions value: -$32,788
Form type: 4
Filing time: 08 Jun 2021, 19:16:01 UTC
Next filing: 02 Jul 2021
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	+6,458	+6%	$0.000000	114,509	05 Jun 2021	Direct
transaction	INFN	Common Stock	Tax liability	$32,788	-3,202	-2.8%	$10.24	111,307	05 Jun 2021	Direct

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	-6,458	-12%	$0.000000	45,209	05 Jun 2021	Common Stock	51,667		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company")
F2	These RSUs vest as to one-third of the shares on the one year anniversary of the vesting commencement date, which is March 5, 2020, and 1/12th quarterly thereafter, subject to Ms. Erba's continued service to the Company through each applicable vesting date.