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 |
Id | Content |
---|---|
F1 | Represents shares that have been withheld by Infinera Corporation (the "Company") to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs"). |
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 Ms. Bucklin's continued service to the Company. |