Roop K. Lakkaraju - Feb 16, 2024 Form 4 Insider Report for Infinera Corp (INFN)

Role
Director
Signature
/s/ Nicholas Janof, by Power of Attorney
Stock symbol
INFN
Transactions as of
Feb 16, 2024
Transactions value $
$0
Form type
4
Date filed
2/16/2024, 06:22 PM
Previous filing
May 19, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Options Exercise $0 +6.48K +15.52% $0.00 48.2K Feb 16, 2024 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 -6.48K -50% $0.00 6.48K Feb 16, 2024 Common Stock 6.48K 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 in three annual installments beginning on the one-year anniversary of the vesting commencement date, which is February 16, 2022, subject to Mr. Lakkaraju's continued service to the Company.