Michael H. Fernicola - 05 Sep 2021 Form 4 Insider Report for Infinera Corp

Role
Chief Accounting Officer
Signature
/s/ Michael Hopp, by Power of Attorney
Issuer symbol
N/A
Transactions as of
05 Sep 2021
Net transactions value
-$372,553
Form type
4
Filing time
08 Sep 2021, 20:25:35 UTC
Previous filing
17 Aug 2021
Next filing
07 Dec 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 +1,667 $0.000000 1,667 05 Sep 2021 Direct
transaction INFN Common Stock Tax liability $7,311 -827 -50% $8.84 840 05 Sep 2021 Direct
transaction INFN Common Stock Options Exercise $0 +50,000 +5952% $0.000000 50,840 05 Sep 2021 Direct
transaction INFN Common Stock Tax liability $219,144 -24,790 -49% $8.84 26,050 05 Sep 2021 Direct
transaction INFN Common Stock Options Exercise $0 +33,333 +128% $0.000000 59,383 05 Sep 2021 Direct
transaction INFN Common Stock Tax liability $146,099 -16,527 -28% $8.84 42,856 05 Sep 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 -1,667 -14% $0.000000 10,001 05 Sep 2021 Common Stock 11,668 Direct F1, F2
transaction INFN Restricted Stock Units Options Exercise $0 -50,000 -100% $0.000000* 0 05 Sep 2021 Common Stock 50,000 Direct F1, F3
transaction INFN Restricted Stock Units Options Exercise $0 -33,333 -50% $0.000000 33,333 05 Sep 2021 Common Stock 66,666 Direct F1, F4
* 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 The 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 Mr. Fernicola's continued service to the Company.
F3 The RSUs vest in two annual installments beginning on September 5, 2020, subject to Mr. Fernicola's continued service to the Company.
F4 The RSUs vest in three annual installments beginning on September 5, 2020, subject to Mr. Fernicola's continued service to the Company.