Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INFN | Common Stock | Options Exercise | $0 | +10.4K | +3.2% | $0.00 | 336K | Sep 5, 2021 | Direct | |
transaction | INFN | Common Stock | Tax liability | -$45.7K | -5.17K | -1.54% | $8.84 | 330K | Sep 5, 2021 | Direct |
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 | -10.4K | -14.29% | $0.00 | 62.5K | Sep 5, 2021 | Common Stock | 72.9K | Direct | F1, F2 |
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 Mr. Heard's continued service to the Company through each applicable vesting date. |