Greg Dougherty - 28 Feb 2025 Form 4 Insider Report for Infinera Corp

Role
Director
Signature
/s/ Nicholas Janof, by Power of Attorney
Issuer symbol
N/A
Transactions as of
28 Feb 2025
Net transactions value
$0
Form type
4
Filing time
03 Mar 2025, 16:36:22 UTC
Previous filing
28 Jun 2024
Next filing
05 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Options Exercise $0 +36,697 +17% $0.000000 253,318 28 Feb 2025 Direct
transaction INFN Common Stock Disposed to Issuer -253,318 -100% 0 28 Feb 2025 Direct F1, F2

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 -36,697 -100% $0.000000 0 28 Feb 2025 Common Stock 36,697 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Greg Dougherty is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of June 27, 2024, by and among Nokia Corporation, Neptune of America Corporation and Infinera Corporation ("Company"), referred to as the "Merger Agreement".
F2 Each share of Company common stock held by the Reporting Person was automatically cancelled, extinguished and converted into the right to receive the consideration provided in the Merger Agreement.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.
F4 Immediately prior to the Effective Time (as defined in the Merger Agreement) of the merger, each share of Company common stock underlying this unvested RSU award originally granted to Reporting Person on June 12, 2024, fully vested and converted automatically into the right to receive the consideration provided in the Merger Agreement.