Nicholas Walden - Feb 15, 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 15, 2022
Transactions value $
-$23,400
Form type
4
Date filed
2/23/2022, 07:28 PM
Previous filing
Feb 7, 2022
Next filing
Mar 2, 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 +8.44% $7.20 37.3K Feb 15, 2022 Direct F1, F2
transaction INFN Common Stock Sale -$26.3K -2.9K -7.78% $9.07 34.4K Feb 22, 2022 Direct
transaction INFN Common Stock Sale -$18K -1.98K -5.75% $9.08 32.4K Feb 22, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Walden 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 ESPP provisons, these shares were purchased based on 85% of the closing price of the Issuer's common stock on February 15, 2022.