Key facts
- This page summarizes Michael H. Fernicola's Form 4 filing for Infinera Corp.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 07 Jun 2024, 18:08.
Michael H. Fernicola - 05 Jun 2024 Form 4 Insider Report for Infinera Corp
- Reporting relationship
- Prior Chief Accounting Officer
- Issuer ticker
- N/A
- Reported as of
- 05 Jun 2024
- Net transaction value
- -$11,472
- SEC form
- 4
- Accepted by SEC
- 07 Jun 2024, 18:08:16 UTC
- Prior SEC filing
- 14 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nicholas Janof, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Michael H. Fernicola filed Form 4 for Infinera Corp on 07 Jun 2024.
Change
- Previous filing in this sequence was filed on 14 May 2024.
- Current net transaction value: -$11,472.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
INFN
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +5,833
- Change %
- +4.1%
- Price
- $0.000000
- Shares after
- 146,966
- Date
- 05 Jun 2024
- Ownership
- Direct
INFN
transaction
Common Stock
Tax liability
- Transaction value
- $11,472
- Shares
- -2,082
- Change %
- -1.4%
- Price
- $5.51
- Shares after
- 144,884
- Date
- 05 Jun 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
INFN
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -5,833
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 17,501
- Date
- 05 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,833
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Michael H. Fernicola is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Represents shares that have been withheld by Infinera Corporation (the "Company") to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs").
Footnote F2
Each RSU represents a contingent right to receive one share of common stock of the Company.
Footnote F3
These RSUs, originally for a total of 70,000 shares, vest as to one-third of the shares on the one-year anniversary of the March 5, 2022 vesting commencement date, and 1/12th of the shares vest quarterly thereafter, subject to Mr. Fernicola's continued service to the Company through each applicable vesting date.