John Arthur Schweitzer - 15 Apr 2024 Form 4 Insider Report for Informatica Inc. (INFA)

Role
EVP & CHIEF REVENUE OFFICER
Signature
/s/ Jason Cohen, Attorney-in-fact
Issuer symbol
INFA
Transactions as of
15 Apr 2024
Net transactions value
-$2,339,368
Form type
4
Filing time
17 Apr 2024, 16:10:16 UTC
Previous filing
19 Mar 2024
Next filing
17 May 2024
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 $1,120,000 +56,000 +11% $20.00 546,902 15 Apr 2024 Direct F1
transaction INFA Class A Common Stock Sale $1,591,059 -45,279 -8.3% $35.14 501,623 15 Apr 2024 Direct F1, F2, F3
transaction INFA Class A Common Stock Sale $505,012 -14,099 -2.8% $35.82 487,524 15 Apr 2024 Direct F1, F2, F4
transaction INFA Class A Common Stock Sale $156,610 -4,213 -0.86% $37.17 483,311 15 Apr 2024 Direct F1, F2, F5
transaction INFA Class A Common Stock Sale $86,687 -2,300 -0.48% $37.69 481,011 15 Apr 2024 Direct F1, F2, F6

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 $1,120,000 -56,000 -11% $20.00 448,000 15 Apr 2024 Class A Common Stock 56,000 $20.00 Direct F7
* 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.
F2 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.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $34.57 to $35.56 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.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $35.57 to $36.52 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 $36.58 to $37.57 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 This sale price represents the weighted average sale price of the shares sold ranging from $37.58 to $37.94 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.
F7 The shares subject to the option vest over a period of three years, of which equal monthly increments of 15,568 shares vest during the first year, and 1/8 of the remaining shares vest on each quarterly anniversary thereafter, subject to the Reporting Person remaining in continuous service through each vesting date.