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Filing Details

Accession Number:: 0001138639-19-000053
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-05-15 16:21:36
Reporting Period:: 2019-05-15

Accepted Time:: 2019-05-15 16:21:36
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
1399121	J Thomas Fallon	C/O Infinera Corporation 140 Caspian Court Sunnyvale CA 94089	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-05-15	50,000	$3.32	1,482,246	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (Right to Buy)	$8.19	2019-11-23	90,056	90,056	Direct
Common Stock	Employee Stock Option (Right to Buy)	$8.58	2021-02-10	14,286	14,286	Direct
Common Stock	Employee Stock Option (Right to Buy)	$8.58	2021-02-10	32,965	32,965	Direct
Common Stock	Employee Stock Option (Right to Buy)	$8.58	2021-02-10	30,475	30,475	Direct
Common Stock	Employee Stock Option (Right to Buy)	$8.58	2021-02-10	182,250	182,250	Direct
Common Stock	Restricted Stock Units	$0.00		21,712	21,712	Direct
Common Stock	Restricted Stock Units	$0.00		57,415	57,415	Direct
Common Stock	Restricted Stock Units	$0.00		101,562	101,562	Direct
Common Stock	Performance Stock Units	$0.00		162,500	162,500	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2019-11-23	90,056	90,056	Direct
2021-02-10	14,286	14,286	Direct
2021-02-10	32,965	32,965	Direct
2021-02-10	30,475	30,475	Direct
2021-02-10	182,250	182,250	Direct
	21,712	21,712	Direct
	57,415	57,415	Direct
	101,562	101,562	Direct
	162,500	162,500	Direct

Footnotes

This price represents the weighted average purchase price of the shares bought in multiple transactions at prices ranging from $3.235 to $3.36 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. Fallon will provide full information regarding the number of shares purchased at each separate price.
These shares are held directly by The Fallon Family Revocable Trust dated 9/7/94, for which Mr. Fallon is a trustee.
This option is fully-vested.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company common stock.
These RSUs vest in four annual installments beginning on May 5, 2017.
These RSUs vest in four annual installments beginning on May 5, 2018.
These RSUs vest in four annual installments beginning on May 5, 2019.
Each performance stock unit ("PSU") represents a contingent right to receive one share of common stock of the Company.
These PSUs become eligible to vest, if at all, within three years of the grant date if the closing price of the Company's common stock is equal to or greater than $10.00 per share for 90 consecutive days. If the performance target is met prior to the expiration of the three-year term, a pro-rata portion of the PSUs will vest on the 5th of the month after the certification date and the remaining portion will vest on the 5th of the month after the end of the three-year term, subject to Mr. Fallon remaining a service provider through each such date. For example, if the performance target is met in the eighteenth month after the date of grant then half the shares will be eligible to vest, and the remaining half will vest after the expiration of the term.