Filing Details

Accession Number:
0001181431-14-034985
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-10-29 17:42:07
Reporting Period:
2014-10-27
Filing Date:
2014-10-29
Accepted Time:
2014-10-29 17:42:07
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
1521360 A Mark Wegleitner C/O Infinera Corporation
140 Caspian Court
Sunnyvale CA 94089
Yes No 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 2014-10-27 15,000 $6.99 44,467 No 4 M Direct
Common Stock Disposition 2014-10-27 21,000 $13.56 23,467 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Non-Qualified Stock Option (Right to Buy) Disposition 2014-10-27 15,000 $0.00 85,000 $6.99
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
70,000 2021-05-23 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 19,009 19,009 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
19,009 19,009 Direct
Footnotes
  1. This sale was made in connection with Mr. Wegleitner's Rule 10b5-1 Trading Plan, which was adopted on May 20, 2014.
  2. This price represents the weighted average sale price of the shares sold in multiple transactions at prices ranging from $13.35 to $13.83 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. Wegleitner will provide full information regarding the number of shares sold at each separate price.
  3. This option is fully vested.
  4. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Company.
  5. The RSUs fully vest on the earlier of the date of the Company's next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Wegleitner's continued service to the Company.