Nicholas Walden - Feb 5, 2022 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
Feb 5, 2022
Transactions value $
-$18,199
Form type
4
Date filed
2/7/2022, 04:26 PM
Previous filing
Jan 7, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Options Exercise $0 +3.93K +12.01% $0.00 36.6K Feb 5, 2022 Direct
transaction INFN Common Stock Tax liability -$18.2K -2.2K -6% $8.28 34.4K Feb 5, 2022 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 -20% $0.00 15.7K Feb 5, 2022 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.