Filing Details
- Accession Number:
- 0001209191-22-027708
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-09 09:21:09
- Reporting Period:
- 2022-05-05
- Accepted Time:
- 2022-05-09 09:21:09
- 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 |
|---|---|---|---|---|---|---|---|
| 1245146 | W David Heard | C/O Infinera Corporation 6373 San Ignacio Avenue San Jose CA 95119 | Chief Executive Officer | Yes | 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 | 2022-05-05 | 17,187 | $0.00 | 556,566 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2022-05-05 | 73,333 | $0.00 | 629,899 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-05-05 | 47,659 | $6.33 | 582,240 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2022-05-06 | 20,000 | $5.92 | 602,240 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2022-05-05 | 17,187 | $0.00 | 17,187 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-05-05 | 73,333 | $0.00 | 73,333 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- 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").
- This price represents the weighted average purchase price of the shares bought in multiple transactions at prices ranging from $5.9125 to $5.925 per share. Upon request by the staff of the Securities and Exchange Commission, 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 RSU represents a contingent right to receive one share of common stock of the Company.
- These RSUs, originally for a total of 68,750 shares, vested as to one-fourth of the shares on each one-year anniversary of the May 5, 2018 vesting commencement date, subject to Mr. Heard's continued service to the Company through each applicable vesting date.
- These RSUs, originally for a total of 220,000 shares, vested as to one-third of the shares on each one-year anniversary of the May 5, 2019 vesting commencement date, subject to Mr. Heard's continued service to the Company through each applicable vesting date.
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