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

Role: CHIEF ACCOUNTING OFFICER
Signature: /s/ Jason Cohen, Attorney-in-fact
Issuer symbol: INFA
Transactions as of: 15 May 2024
Net transactions value: -$341,860
Form type: 4
Filing time: 17 May 2024, 17:01:07 UTC
Previous filing: 17 Apr 2024
Next filing: 20 Jun 2024
SEC: View on sec.gov

Key filing fact

Mark Pellowski filed Form 4 for Informatica Inc. (INFA) on 17 May 2024.

Key facts

This page summarizes Mark Pellowski's Form 4 filing for Informatica Inc. (INFA).
4 reported transactions and 1 derivative row are listed below.
Filing timestamp: 17 May 2024, 17:01.

Change

Previous filing in this sequence was filed on 17 Apr 2024.
Current net transaction value: -$341,860.

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.

See Original Filing

Transactions Table

INFA transaction

Class A Common Stock

Tax liability

Transaction value: $125,519
Shares: -4,133
Change %: -2.7%
Price: $30.37
Shares after: 146,804
Date: 15 May 2024
Ownership: Direct
Footnotes: F1, F2

INFA transaction

Class A Common Stock

Options Exercise

Transaction value: $87,226
Shares: +10,026
Change %: +6.8%
Price: $8.70
Shares after: 156,830
Date: 15 May 2024
Ownership: Direct
Footnotes: F2

INFA transaction

Class A Common Stock

Sale

Transaction value: $303,567
Shares: -10,026
Change %: -6.4%
Price: $30.28
Shares after: 146,804
Date: 15 May 2024
Ownership: Direct
Footnotes: F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

INFA transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,026
Change %: -37%
Price: $0.000000
Shares after: 17,027
Date: 15 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,026
Exercise price: $8.70
Footnotes: F5

* 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	Shares withheld to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs").
F2	Includes previously reported RSUs.
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.
F4	This sale price represents the weighted average sale price of the shares sold ranging from $29.88 to $30.47 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 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).