Mark Pellowski - 15 Apr 2024 Form 4 Insider Report for Informatica Inc. (INFA)

Reporting relationship: CHIEF ACCOUNTING OFFICER
Issuer ticker: INFA
Reported as of: 15 Apr 2024
Net transaction value: -$268,842
SEC form: 4
Accepted by SEC: 17 Apr 2024, 16:10:24 UTC
Prior SEC filing: 11 Mar 2024
Next SEC filing: 17 May 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 17 Apr 2024.

Key facts

This page summarizes Mark Pellowski's Form 4 filing for Informatica Inc. (INFA).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Apr 2024, 16:10.

Change

Previous filing in this sequence was filed on 11 Mar 2024.
Current net transaction value: -$268,842.

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: 15 Apr 2024
Ownership: Direct
Footnotes: F1

INFA transaction

Class A Common Stock

Sale

Transaction value: $250,661
Shares: -7,133
Change %: -4.4%
Price: $35.14
Shares after: 153,830
Date: 15 Apr 2024
Ownership: Direct
Footnotes: F1, F2, F3

INFA transaction

Class A Common Stock

Sale

Transaction value: $64,288
Shares: -1,793
Change %: -1.2%
Price: $35.86
Shares after: 152,037
Date: 15 Apr 2024
Ownership: Direct
Footnotes: F1, F2, F4

INFA transaction

Class A Common Stock

Sale

Transaction value: $41,119
Shares: -1,100
Change %: -0.72%
Price: $37.38
Shares after: 150,937
Date: 15 Apr 2024
Ownership: Direct
Footnotes: F1, F2, F5

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: $0
Shares: -7,079
Change %: -30%
Price: $0.000000
Shares after: 16,304
Date: 15 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 7,079
Exercise price: $8.70
Footnotes: F6

INFA transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -2,947
Change %: -9.8%
Price: $0.000000
Shares after: 27,053
Date: 15 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,947
Exercise price: $8.70
Footnotes: F7

^* 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 7 footnotes

Footnote F1

Includes previously reported Restricted Stock Units.

Footnote 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.

Footnote F3

This sale price represents the weighted average sale price of the shares sold ranging from $34.61 to $35.60 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 F4

This sale price represents the weighted average sale price of the shares sold ranging from $35.61 to $36.14 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 sale price represents the weighted average sale price of the shares sold ranging from $36.92 to $37.90 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 F6

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).

Footnote F7

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).