Home > Insider Trading > Filing (0001138639-20-000067)

Filing Details

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
1245146	W David Heard	C/O Infinera Corporation 140 Caspian Court Sunnyvale CA 94089	Chief Operating Officer	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	2020-05-18	15,000	$4.33	193,207	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Units	$0.00	75,000	75,000	Direct
Common Stock	Restricted Stock Units	$0.00	34,374	34,374	Direct
Common Stock	Restricted Stock Units	$0.00	52,500	52,500	Direct
Common Stock	Restricted Stock Units	$0.00	146,666	146,666	Direct
Common Stock	Restricted Stock Units	$0.00	125,000	125,000	Direct

Amount	Remaning Holdings	Nature of Ownership
75,000	75,000	Direct
34,374	34,374	Direct
52,500	52,500	Direct
146,666	146,666	Direct
125,000	125,000	Direct

Footnotes

This price represents the weighted average purchase price of the shares bought in multiple transactions at prices ranging from $4.30 to $4.35 per share. Upon request by the staff of the Securities and Exchange Commission, Infinera Corporation (the "Company") or a security holder of the Company, Mr. Heard will provide full information regarding the number of shares purchased at each separate price.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Company.
These RSUs vest in four annual installments beginning on July 5, 2018, subject to Mr. Heard's continued service to the Company through each applicable vesting date.
These RSUs vest in four annual installments beginning on May 5, 2019, subject to Mr. Heard's continued service to the Company through each applicable vesting date.
These RSUs vest in four annual installments beginning on October 5, 2019, subject to Mr. Heard's continued service to the Company through each applicable vesting date.
These RSUs vest in three annual installments beginning on May 5, 2020, subject to Mr. Heard's continued service to the Company through each applicable vesting date.
These RSUs vest as to one-third of the shares on the one year anniversary of the vesting commencement date, which is March 5, 2020, and 1/12th quarterly thereafter, subject to Mr. Heard's continued service to the Company through each applicable vesting date.