Filing Details

Accession Number:
0001138639-20-000167
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-02 19:03:18
Reporting Period:
2020-11-30
Accepted Time:
2020-12-02 19:03:18
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
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 Disposition 2020-11-30 10,000 $8.67 27,293 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 1,391,451 Indirect See Footnote
Common Stock 2,500 Indirect See Footnote
Footnotes
  1. These shares are held directly by The Welch Family Trust U/A DTD 4/3/1996 ("The Welch Family Trust"), for which Dr. Welch is a trustee.
  2. This sale was made in connection with Dr. Welch's Rule 10b5-1 Trading Plan, which was adopted on November 20, 2019.
  3. This price represents the weighted average sale price of the shares sold in multiple transactions at prices ranging from $8.62 to $8.73 per share. Upon request by the staff of the Securities and Exchange Commission, Infinera Corporation (the "Company") or a security holder of the Company, Dr. Welch will provide full information regarding the number of shares sold at each separate price.
  4. These shares are held directly by LRFA, LLC, for which Dr. Welch is the sole managing member.
  5. These shares are held directly by Dr. Welch as a trustee for his children. Dr. Welch disclaims beneficial ownership of the shares held in trust for his children, and this report shall not be deemed an admission that Dr. Welch is the beneficial owner of the shares held in trust for his children for purposes of Section 16 or for any other purpose.