Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INFN | Restricted Stock Units | Award | $0 | +19.4K | $0.00 | 19.4K | Feb 16, 2022 | Common Stock | 19.4K | Direct | F1, F2 |
Id | Content |
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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 in three annual installments beginning on February 16, 2023, the one-year anniversary of the vesting commencement date which is February 16, 2022, subject to Mr. Lakkaraju's continued service to the Company. |