Nicholas Walden - Mar 10, 2024 Form 4 Insider Report for Infinera Corp (INFN)

Role
SVP, Worldwide Sales
Signature
/s/ Nicholas Janof, by Power of Attorney
Stock symbol
INFN
Transactions as of
Mar 10, 2024
Transactions value $
$0
Form type
4
Date filed
3/12/2024, 06:00 PM
Previous filing
Mar 6, 2024
Next filing
Apr 8, 2024

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 Award $0 +72.5K $0.00 72.5K Mar 10, 2024 Common Stock 72.5K 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 April 5, 2024 vesting commencement date, and 1/12th of the shares vest quarterly thereafter, subject to Mr. Walden's continued service to the Company through each applicable vesting date.