Nicholas Walden - Aug 5, 2021 Form 4 Insider Report for Infinera Corp (INFN)

Role
SVP, Worldwide Sales
Signature
/s/ Michael Hopp, by Power of Attorney
Stock symbol
INFN
Transactions as of
Aug 5, 2021
Transactions value $
-$19,567
Form type
4
Date filed
8/6/2021, 06:59 PM
Previous filing
May 7, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Options Exercise $0 +3.93K +15.4% $0.00 29.4K Aug 5, 2021 Direct
transaction INFN Common Stock Tax liability -$19.6K -1.95K -6.62% $10.05 27.5K Aug 5, 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 -3.93K -14.29% $0.00 23.6K Aug 5, 2021 Common Stock 3.93K 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 February 5, 2020, and 1/12th quarterly thereafter, subject to Mr. Walden's continued service to the Company.