DAVID TEICHMANN - 05 Sep 2021 Form 4 Insider Report for Infinera Corp

Role: Chief Legal Officer
Signature: /s/ Michael Hopp, by Power of Attorney
Issuer symbol: N/A
Transactions as of: 05 Sep 2021
Net transactions value: -$25,026
Form type: 4
Filing time: 08 Sep 2021, 20:30:41 UTC
Previous filing: 08 Jun 2021
Next filing: 15 Sep 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	+5,708	+6.4%	$0.000000	94,608	05 Sep 2021	Direct
transaction	INFN	Common Stock	Tax liability	$25,026	-2,831	-3%	$8.84	91,777	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	-5,708	-14%	$0.000000	34,251	05 Sep 2021	Common Stock	39,959		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 Mr. Teichmann's continued service to the Company through each applicable vesting date.