David Teichmann - 05 Dec 2022 Form 4 Insider Report for Infinera Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Dec 2022, 16:08:13 UTC
Prior SEC filing
07 Oct 2022
Next SEC filing
09 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nicholas Janof, by Power of Attorney
Filing notes and source

Key filing fact

David Teichmann filed Form 4 for Infinera Corp on 07 Dec 2022.

Key facts

  • This page summarizes David Teichmann's Form 4 filing for Infinera Corp.
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 07 Dec 2022, 16:08.

Change

  • Previous filing in this sequence was filed on 07 Oct 2022.
  • Current net transaction value: -$19,194.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INFN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+5,708
Change %
+3.1%
Price
$0.000000
Shares after
190,405
Date
05 Dec 2022
Ownership
Direct
INFN transaction

Common Stock

Tax liability

Transaction value
$19,194
Shares
-2,831
Change %
-1.5%
Price
$6.78
Shares after
187,574
Date
05 Dec 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INFN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,708
Change %
-50%
Price
$0.000000
Shares after
5,709
Date
05 Dec 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,708
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares that have been withheld by Infinera Corporation (the "Company") to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs").

Footnote F2

Each RSU represents a contingent right to receive one share of common stock of the Company.

Footnote F3

These RSUs, originally for a total of 68,500 shares, vest as to one-third of the shares on the one-year anniversary of the March 5, 2020 vesting commencement date, and 1/12th of the shares vest quarterly thereafter, subject to Mr. Teichmann's continued service to the Company through each applicable vesting date.

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