Greg Dougherty - 18 May 2023 Form 4 Insider Report for Infinera Corp

Role: Director
Signature: /s/ Nicholas Janof, by Power of Attorney
Issuer symbol: N/A
Transactions as of: 18 May 2023
Net transactions value: $0
Form type: 4
Filing time: 19 May 2023, 18:18:45 UTC
Previous filing: 11 May 2023
Next filing: 25 May 2023
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	+35,273	+25%	$0.000000	177,174	18 May 2023	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	-35,273	-100%	$0.000000^*	0	18 May 2023	Common Stock	35,273		Direct	F1, F2
transaction	INFN	Restricted Stock Units	Award	$0	+39,447		$0.000000	39,447	18 May 2023	Common Stock	39,447		Direct	F1, F3

* 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 have a vesting commencement date of May 19, 2022 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Dougherty's continued service to the Company.
F3	These RSUs have a vesting commencement date of May 18, 2023 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Dougherty's continued service to the Company.