Nancy Erba - 05 Mar 2022 Form 4 Insider Report for Infinera Corp

Role: Chief Financial Officer
Signature: /s/ David L. Teichmann, by Power of Attorney
Issuer symbol: N/A
Transactions as of: 05 Mar 2022
Net transactions value: -$27,025
Form type: 4
Filing time: 08 Mar 2022, 17:07:14 UTC
Previous filing: 02 Mar 2022
Next filing: 07 Apr 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	+6,458	+2.3%	$0.000000	288,798	05 Mar 2022	Direct
transaction	INFN	Common Stock	Tax liability	$27,025	-3,202	-1.1%	$8.44	285,596	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	-6,458	-20%	$0.000000	25,834	05 Mar 2022	Common Stock	32,292		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.