Mark Pellowski - 07 Mar 2024 Form 4 Insider Report for Informatica Inc. (INFA)

Reporting relationship: CHIEF ACCOUNTING OFFICER
Issuer ticker: INFA
Reported as of: 07 Mar 2024
Net transaction value: -$321,243
SEC form: 4
Accepted by SEC: 11 Mar 2024, 19:37:20 UTC
Prior SEC filing: 28 Feb 2024
Next SEC filing: 17 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ Jason Cohen, Attorney-in-fact

Key filing fact

Mark Pellowski filed Form 4 for Informatica Inc. (INFA) on 11 Mar 2024.

Key facts

This page summarizes Mark Pellowski's Form 4 filing for Informatica Inc. (INFA).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 11 Mar 2024, 19:37.

Change

Previous filing in this sequence was filed on 28 Feb 2024.
Current net transaction value: -$321,243.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INFA transaction

Class A Common Stock

Options Exercise

Transaction value: $87,226
Shares: +10,026
Change %: +6.6%
Price: $8.70^*
Shares after: 160,963
Date: 07 Mar 2024
Ownership: Direct
Footnotes: F1, F2

INFA transaction

Class A Common Stock

Sale

Transaction value: $321,243
Shares: -10,026
Change %: -6.2%
Price: $32.04
Shares after: 150,937
Date: 07 Mar 2024
Ownership: Direct
Footnotes: F1, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INFA transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $87,226
Shares: -10,026
Change %: -30%
Price: $8.70^*
Shares after: 23,383
Date: 07 Mar 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,026
Exercise price: $20.00
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

Includes previously reported Restricted Stock Units.

Footnote F2

Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.

Footnote F3

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 7, 2023.

Footnote F4

This sale price represents the weighted average sale price of the shares sold ranging from $31.73 to $32.42 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.

Footnote F5

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).