Filing Details

Accession Number:
0001209191-22-027708
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-09 09:21:09
Reporting Period:
2022-05-05
Accepted Time:
2022-05-09 09:21:09
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
1245146 W David Heard C/O Infinera Corporation
6373 San Ignacio Avenue
San Jose CA 95119
Chief Executive Officer 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 Acquisiton 2022-05-05 17,187 $0.00 556,566 No 4 M Direct
Common Stock Acquisiton 2022-05-05 73,333 $0.00 629,899 No 4 M Direct
Common Stock Disposition 2022-05-05 47,659 $6.33 582,240 No 4 F Direct
Common Stock Acquisiton 2022-05-06 20,000 $5.92 602,240 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2022-05-05 17,187 $0.00 17,187 $0.00
Common Stock Restricted Stock Units Disposition 2022-05-05 73,333 $0.00 73,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
Footnotes
  1. Represents shares that have been withheld by Infinera Corporation (the "Company") to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs").
  2. This price represents the weighted average purchase price of the shares bought in multiple transactions at prices ranging from $5.9125 to $5.925 per share. Upon request by the staff of the Securities and Exchange Commission, the Company or a security holder of the Company, Mr. Heard will provide full information regarding the number of shares purchased at each separate price.
  3. Each RSU represents a contingent right to receive one share of common stock of the Company.
  4. These RSUs, originally for a total of 68,750 shares, vested as to one-fourth of the shares on each one-year anniversary of the May 5, 2018 vesting commencement date, subject to Mr. Heard's continued service to the Company through each applicable vesting date.
  5. These RSUs, originally for a total of 220,000 shares, vested as to one-third of the shares on each one-year anniversary of the May 5, 2019 vesting commencement date, subject to Mr. Heard's continued service to the Company through each applicable vesting date.