Michael H. Fernicola - Feb 15, 2022 Form 4 Insider Report for Infinera Corp (INFN)

Role
Chief Accounting Officer
Signature
/s/ Michael Hopp, by Power of Attorney
Stock symbol
INFN
Transactions as of
Feb 15, 2022
Transactions value $
$20,900
Form type
4
Date filed
2/23/2022, 07:26 PM
Previous filing
Dec 7, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Award $20.9K +2.9K +6.64% $7.20 46.6K Feb 15, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Fernicola is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2016 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 16, 2021 through February 15, 2022. This transaction is exempt under Rule 16b-3(c).
F2 In accordance with the terms of the ESPP, the purchase price of these shares was 85% of the closing price of the Issuer's common stock on February 15, 2022.