Nicholas Walden - 15 Feb 2022 Form 4 Insider Report for Infinera Corp

Role
SVP, Worldwide Sales
Signature
/s/ Michael Hopp, by Power of Attorney
Issuer symbol
N/A
Transactions as of
15 Feb 2022
Net transactions value
-$23,400
Form type
4
Filing time
23 Feb 2022, 19:28:55 UTC
Previous filing
07 Feb 2022
Next filing
02 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Award $20,907 +2,904 +8.4% $7.20 37,317 15 Feb 2022 Direct F1, F2
transaction INFN Common Stock Sale $26,339 -2,904 -7.8% $9.07 34,413 22 Feb 2022 Direct
transaction INFN Common Stock Sale $17,968 -1,978 -5.7% $9.08 32,435 22 Feb 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.