Nancy Erba - Mar 5, 2022 Form 4 Insider Report for Infinera Corp (INFN)

Role: Chief Financial Officer
Signature: /s/ David L. Teichmann, by Power of Attorney
Stock symbol: INFN
Transactions as of: Mar 5, 2022
Transactions value $: -$27,025
Form type: 4
Date filed: 3/8/2022, 05:07 PM
Previous filing: Mar 2, 2022
Next filing: Apr 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INFN	Common Stock	Options Exercise	$0	+6.46K	+2.29%	$0.00	289K	Mar 5, 2022	Direct
transaction	INFN	Common Stock	Tax liability	-$27K	-3.2K	-1.11%	$8.44	286K	Mar 5, 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	-6.46K	-20%	$0.00	25.8K	Mar 5, 2022	Common Stock	32.3K		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	These 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 Ms. Erba's continued service to the Company through each applicable vesting date.