Filing Details
- Accession Number:
- 0001181431-14-026254
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-07-03 18:03:52
- Reporting Period:
- 2014-07-01
- Filing Date:
- 2014-07-03
- Accepted Time:
- 2014-07-03 18:03:52
- 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 |
|---|---|---|---|---|---|---|---|
| 1399122 | F David Welch | C/O Infinera Corporation 140 Caspian Court Sunnyvale CA 94089 | President | 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 | Disposition | 2014-07-01 | 10,000 | $9.21 | 689,493 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See Footnote |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 14,132 | Direct | |
| Common Stock | 336,979 | Indirect | See Footnote |
| Common Stock | 553,750 | Indirect | See Footnote |
| Common Stock | 500,000 | Indirect | See Footnote |
| Common Stock | 2,500 | Indirect | See Footnote |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | $2.00 | 2016-08-08 | 50,000 | 50,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $2.00 | 2016-08-08 | 137,500 | 137,500 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $8.19 | 2016-11-23 | 75,000 | 75,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $7.61 | 2017-06-06 | 29,214 | 29,214 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $7.61 | 2017-06-06 | 101,342 | 101,342 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $7.61 | 2018-02-28 | 2,817 | 2,817 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $7.61 | 2018-02-28 | 81,683 | 81,683 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $7.11 | 2019-02-10 | 100,000 | 100,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $7.45 | 2019-08-10 | 150,000 | 150,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $8.58 | 2021-02-10 | 20,250 | 20,250 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $8.58 | 2021-02-10 | 60,750 | 60,750 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $8.58 | 2021-02-10 | 39,465 | 39,465 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $8.58 | 2021-02-10 | 41,535 | 41,535 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 26,333 | 26,333 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 71,250 | 71,250 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 40,000 | 40,000 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 48,000 | 48,000 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 62,770 | 62,770 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2016-08-08 | 50,000 | 50,000 | Direct |
| 2016-08-08 | 137,500 | 137,500 | Direct |
| 2016-11-23 | 75,000 | 75,000 | Direct |
| 2017-06-06 | 29,214 | 29,214 | Direct |
| 2017-06-06 | 101,342 | 101,342 | Direct |
| 2018-02-28 | 2,817 | 2,817 | Direct |
| 2018-02-28 | 81,683 | 81,683 | Direct |
| 2019-02-10 | 100,000 | 100,000 | Direct |
| 2019-08-10 | 150,000 | 150,000 | Direct |
| 2021-02-10 | 20,250 | 20,250 | Direct |
| 2021-02-10 | 60,750 | 60,750 | Direct |
| 2021-02-10 | 39,465 | 39,465 | Direct |
| 2021-02-10 | 41,535 | 41,535 | Direct |
| 26,333 | 26,333 | Direct | |
| 71,250 | 71,250 | Direct | |
| 40,000 | 40,000 | Direct | |
| 48,000 | 48,000 | Direct | |
| 62,770 | 62,770 | Direct |
Footnotes
- Shares held directly by LRFA, LLC of which the Reporting Person is the sole managing member.
- Shares held directly by The Welch Family Trust u/a dtd 04/03/1996.
- Shares held directly by SEI Private Trust Company, Trustee of the Welch Family Heritage Trust I u/I dated 9/24/01.
- Shares held directly by The Welch Group, L.P. of which the Reporting Person is the general partner.
- Shares held directly by the Reporting Person as a trustee for his minor children. The Reporting Person disclaims beneficial ownership of the shares held in trust for his minor children, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares held in trust for his minor children for purposes of Section 16 or for any other purpose.
- The option is fully vested.
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation.
- The RSUs vest in three annual installments beginning on February 5, 2013.
- The RSUs fully vest on December 31, 2014.
- The RSUs vest in three annual installments beginning on February 5, 2014.
- The RSUs vest in four annual installments beginning on August 5, 2014.
- The RSUs vest in three annual installments beginning on May 5, 2015.
- This sale was made in connection with the Reporting Person's Rule 10b5-1 Trading Plan, which was adopted on May 24, 2013.
- This price represents the weighted average sale price of the shares sold in multiple transactions at prices ranging from $9.15 to $9.29 per share. Upon request by the staff of the Securities and Exchange Commission, Infinera Corporation or a security holder of Infinera Corporation, the reporting person will provide full information regarding the number of shares sold at each separate price.
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