Michael H. Fernicola - 15 Aug 2023 Form 4 Insider Report for Infinera Corp

Role
Chief Accounting Officer
Signature
/s/ Nicholas Janof, by Power of Attorney
Issuer symbol
N/A
Transactions as of
15 Aug 2023
Net transactions value
+$45,058
Form type
4
Filing time
17 Aug 2023, 18:17:18 UTC
Previous filing
07 Jul 2023
Next filing
07 Sep 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 Award $3,708 +1,041 +1% $3.56 101,058 15 Aug 2023 Direct F1, F2
transaction INFN Common Stock Purchase $25,350 +6,500 +6.4% $3.90 107,558 16 Aug 2023 Direct
transaction INFN Common Stock Purchase $16,000 +4,000 +3.7% $4.00 111,558 17 Aug 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2007 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of February 16, 2023 through August 15, 2023. This transaction is exempt under Rule 16b-3(c).
F2 In accordance with the provisions of the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on August 15, 2023, which was the last trading day of the applicable offering period. The closing price on August 15, 2023 was $4.19.