Filing Details

Accession Number:
0001104659-10-043299
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-09 13:00:00
Reporting Period:
2010-08-05
Filing Date:
2010-08-09
Accepted Time:
2010-08-09 20:05:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1138639 Infinera Corp INFN Telephone & Telegraph Apparatus (3661) 770560433
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1469609 D Ronald Martin C/O Infinera Corporation
169 Java Drive
Sunnyvale CA 94089
Vp, Worldwide Sales No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-08-05 6,250 $0.00 6,250 No 4 M Direct
Common Stock Disposition 2010-08-06 1,706 $8.96 4,544 No 4 S Direct
Common Stock Acquisiton 2010-08-09 12,500 $6.97 17,044 No 4 M Direct
Common Stock Acquisiton 2010-08-09 4,165 $8.19 21,209 No 4 M Direct
Common Stock Disposition 2010-08-09 21,209 $9.20 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2010-08-05 6,250 $0.00 6,250 $0.00
Common Stock Employee Stock Option (right to buy) Disposition 2010-08-09 12,500 $0.00 12,500 $6.97
Common Stock Employee Stock Option (right to buy) Disposition 2010-08-09 4,165 $0.00 4,165 $8.19
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,750 No 4 M Direct
37,500 2019-08-03 No 4 M Direct
14,585 2016-11-23 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 6,250 6,250 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
6,250 6,250 Direct
Footnotes
  1. The reported sale was effected to satisfy the Reporting Person's tax obligation in connection with the issuance of shares pursuant to the vesting of restricted stock units on August 5, 2010.
  2. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $8.95 to $8.9582 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 ranges set forth in footnotes (2) and (3) to this Form 4.
  3. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $9.18 to $9.23 per share.
  4. Each restricted stock unit represents a contingent right to receive one share of INFN common stock.
  5. The remaining restricted stock units vest in three equal annual installments beginning on August 5, 2011.
  6. All of the restricted stock units vest on December 31, 2010.
  7. One-fourth of the shares subject to the option vested on August 3, 2010 and one forty-eighth of the shares shall vest monthly thereafter.
  8. The option vests in thirty-six equal monthly installments beginning on December 23, 2009.