Mark Pellowski - Sep 16, 2024 Form 4 Insider Report for Informatica Inc. (INFA)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Jason Cohen, Attorney-in-fact
Stock symbol
INFA
Transactions as of
Sep 16, 2024
Transactions value $
-$144,284
Form type
4
Date filed
9/18/2024, 04:10 PM
Previous filing
Aug 19, 2024
Next filing
Oct 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFA Class A Common Stock Options Exercise $23.1K +2.31K +1.62% $10.00 145K Sep 16, 2024 Direct F1
transaction INFA Class A Common Stock Options Exercise $90.3K +7.71K +5.32% $11.70 153K Sep 16, 2024 Direct F1
transaction INFA Class A Common Stock Sale -$258K -10K -6.57% $25.70 143K Sep 16, 2024 Direct F1, F2, F3

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 -2.31K -100% $0.00 0 Sep 16, 2024 Class A Common Stock 2.31K $10.00 Direct F4
transaction INFA Stock Option (right to buy) Options Exercise $0 -7.71K -30.86% $0.00 17.3K Sep 16, 2024 Class A Common Stock 7.71K $11.70 Direct 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 Includes previously reported 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 December 7, 2023.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $25.44 to $25.91 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 The shares subject to the option are fully vested and exercisable.
F5 This performance-based stock option was granted on September 1, 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 (19,250 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.