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
- 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.
- 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.
- 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.
- Each restricted stock unit represents a contingent right to receive one share of INFN common stock.
- The remaining restricted stock units vest in three equal annual installments beginning on August 5, 2011.
- All of the restricted stock units vest on December 31, 2010.
- 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.
- The option vests in thirty-six equal monthly installments beginning on December 23, 2009.