Paul J. Milbury - Jun 12, 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: Jun 12, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/14/2024, 05:34 PM
Previous filing: May 21, 2024
Next filing: Jun 26, 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	+36.7K		$0.00	36.7K	Jun 12, 2024	Common Stock	36.7K		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 on the earlier of (i) the date of the Company's 2025 annual meeting of stockholders, provided that such annual meeting of stockholders occurs at least 50 weeks after the date of the Company's 2024 annual meeting of stockholders which was held on June 12, 2024, or (ii) the one-year anniversary of the June 12, 2024 date of grant, subject in each case to Mr. Milbury's continued service to the Company.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").

These RSUs vest on the earlier of (i) the date of the Company's 2025 annual meeting of stockholders, provided that such annual meeting of stockholders occurs at least 50 weeks after the date of the Company's 2024 annual meeting of stockholders which was held on June 12, 2024, or (ii) the one-year anniversary of the June 12, 2024 date of grant, subject in each case to Mr. Milbury's continued service to the Company.