Michael H. Fernicola - 05 Mar 2022 Form 4 Insider Report for Infinera Corp

Role: Chief Accounting Officer
Signature: /s/ David L. Teichmann, by Power of Attorney
Issuer symbol: N/A
Transactions as of: 05 Mar 2022
Net transactions value: -$7,883
Form type: 4
Filing time: 08 Mar 2022, 17:03:20 UTC
Previous filing: 03 Mar 2022
Next filing: 23 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	Options Exercise	$0	+1,667	+3.6%	$0.000000	48,266	05 Mar 2022	Direct
transaction	INFN	Common Stock	Tax liability	$7,883	-934	-1.9%	$8.44	47,332	05 Mar 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	-1,667	-20%	$0.000000	6,667	05 Mar 2022	Common Stock	8,334		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	The RSUs vest as to one-third of the shares on the one year anniversary of the vesting commencement date, which is March 5, 2020, and 1/12th quarterly thereafter, subject to Mr. Fernicola's continued service to the Company.