MARCEL GANI - 21 May 2021 Form 4 Insider Report for Infinera Corp (INFN)

Role
Director
Signature
/s/ Michael Hopp, by Power of Attorney
Issuer symbol
INFN
Transactions as of
21 May 2021
Transactions value $
$0
Form type
4
Filing time
25 May 2021, 21:17:08 UTC
Previous filing
03 Oct 2022
Next filing
03 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFN Common Stock Options Exercise $0 +32,101 +11% $0 326,419 21 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INFN Restricted Stock Units Options Exercise $0 -32,101 -100% $0* 0 21 May 2021 Common Stock 32,101 Direct F1, F2
transaction INFN Restricted Stock Units Award $0 +18,211 $0 18,211 21 May 2021 Common Stock 18,211 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
F2 These RSUs have a vesting commencement date of May 21, 2020 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Gani's continued service to the Company.
F3 These RSUs have a vesting commencement date of May 21, 2021 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Gani's continued service to the Company.

Remarks:

Exhibit 24 - Power of Attorney