MARCEL GANI - 19 May 2022 Form 4 Insider Report for Infinera Corp

Role
Director
Signature
/s/ David L. Teichmann, by Power of Attorney
Issuer symbol
N/A
Transactions as of
19 May 2022
Net transactions value
$0
Form type
4
Filing time
20 May 2022, 20:02:35 UTC
Previous filing
08 Sep 2021
Next filing
21 Jun 2022
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 +18,211 +5.6% $0.000000 344,630 19 May 2022 Direct

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 -18,211 -100% $0.000000* 0 19 May 2022 Common Stock 18,211 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

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 have a vesting commencement date of May 21, 2021 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Gani's continued service to the Company.