Mark Pellowski - Feb 23, 2022 Form 4 Insider Report for Informatica Inc. (INFA)

Role
Chief Accounting Officer
Signature
/s/ Bridget Logterman, Attorney-in-fact
Stock symbol
INFA
Transactions as of
Feb 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 05:01 PM
Previous filing
Nov 19, 2021
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFA Class A Common Stock Award $0 +13.7K +56.2% $0.00 38K Feb 23, 2022 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 INFA Stock Option (right to buy) Award $0 +33.4K $0.00 33.4K Feb 23, 2022 Class A Common Stock 33.4K $8.70 Direct F3
transaction INFA Stock Option (right to buy) Award $0 +30K $0.00 30K Feb 23, 2022 Class A Common Stock 30K $8.70 Direct F4
transaction INFA Stock Option (right to buy) Award $0 +25K $0.00 25K Feb 23, 2022 Class A Common Stock 25K $11.70 Direct F5
transaction INFA Stock Option (right to buy) Award $0 +18K $0.00 18K Feb 23, 2022 Class A Common Stock 18K $20.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). One sixteenth (1/16th) of the total number of RSUs subject to this award will be scheduled to vest on each of the sixteen (16), consecutive Quarterly Vesting Dates that occur on or immediately following the date that is three (3) months after February 23, 2022 (the "Vesting Commencement Date") (on the same day of the month as the Vesting Commencement Date or if there is no corresponding day in such third month, on the last day of such month), in each case subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date. A "Quarterly Vesting Date" means February 15, May 15, August 15, and November 15 with respect to any calendar year.
F2 Includes previously reported RSUs.
F3 This performance-based stock option was granted on January 24, 2017. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (25,724 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).
F4 This performance-based stock option was granted on March 20, 2018. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (23,100 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).
F5 This performance-based stock option was granted on September 1, 2018. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (19,250 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).
F6 This performance-based stock option was granted on May 12, 2020. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (13,860 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).