Ansa Sekharan - 15 Nov 2024 Form 4 Insider Report for Informatica Inc. (INFA)

Role
EVP & CHIEF CUSTOMER OFFICER
Signature
/s/ Jason Cohen, Attorney-in-fact
Issuer symbol
INFA
Transactions as of
15 Nov 2024
Net transactions value
-$1,601,238
Form type
4
Filing time
19 Nov 2024, 16:30:21 UTC
Previous filing
13 Sep 2024
Next filing
19 Feb 2025
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 $870 +100 +0.02% $8.70 457,286 15 Nov 2024 Direct F1
transaction INFA Class A Common Stock Sale $2,500 -100 -0.02% $25.00 457,186 15 Nov 2024 Direct F1, F2
transaction INFA Class A Common Stock Tax liability $477,778 -19,273 -4.2% $24.79 437,913 15 Nov 2024 Direct F1, F3
transaction INFA Class A Common Stock Options Exercise $66,129 +7,601 +1.7% $8.70 445,514 18 Nov 2024 Direct F1
transaction INFA Class A Common Stock Options Exercise $199,534 +22,935 +5.1% $8.70 468,449 18 Nov 2024 Direct F1
transaction INFA Class A Common Stock Sale $1,387,493 -55,228 -12% $25.12 413,221 18 Nov 2024 Direct F1, F2, F4

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 -100 -0.28% $0.000000 35,070 15 Nov 2024 Class A Common Stock 100 $8.70 Direct F5
transaction INFA Stock Option (right to buy) Options Exercise $0 -7,601 -22% $0.000000 27,469 18 Nov 2024 Class A Common Stock 7,601 $8.70 Direct F5
transaction INFA Stock Option (right to buy) Options Exercise $0 -22,935 -77% $0.000000 6,852 18 Nov 2024 Class A Common Stock 22,935 $8.70 Direct F6
* 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 June 7, 2024.
F3 Shares withheld to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs").
F4 This sale price represents the weighted average sale price of the shares sold ranging from $25.00 to $25.45 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 The shares subject to the option shall vest over three years, of which 33% vested on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date.
F6 This performance-based stock option was granted on November 1, 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 (22,935 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.