Amit Walia - 07 Sep 2023 Form 4 Insider Report for Informatica Inc. (INFA)

Role
Chief Executive Officer, Director
Signature
/s/ Jason Cohen, Attorney-in-fact
Issuer symbol
INFA
Transactions as of
07 Sep 2023
Net transactions value
-$3,022,219
Form type
4
Filing time
08 Sep 2023, 18:33:50 UTC
Previous filing
17 Aug 2023
Next filing
17 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFA Class A Common Stock Options Exercise $1,245,675 +143,181 +9% $8.70 1,734,315 07 Sep 2023 Direct F1
transaction INFA Class A Common Stock Options Exercise $1,318,180 +131,818 +7.6% $10.00 1,866,133 07 Sep 2023 Direct F1
transaction INFA Class A Common Stock Sale $4,513,773 -212,633 -11% $21.23 1,653,500 07 Sep 2023 Direct F1, F2, F3, F4
transaction INFA Class A Common Stock Sale $1,072,300 -50,000 -3% $21.45 1,603,500 08 Sep 2023 Direct F1, F2, F5

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) Options Exercise $0 -143,181 -100% $0.000000* 0 07 Sep 2023 Class A Common Stock 143,181 $8.70 Direct F6
transaction INFA Stock Option (right to buy) Options Exercise $0 -131,818 -100% $0.000000* 0 07 Sep 2023 Class A Common Stock 131,818 $10.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes previously reported Restricted Stock Units ("RSUs").
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2023.
F3 210,687 shares were sold to cover tax obligations in connection with the exercises of stock options.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $20.58 to $21.345 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F5 This sale price represents the weighted average sale price of the shares sold ranging from $21.29 to $21.55 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F6 The shares subject to the option were fully vested and exercisable.