DAVID TEICHMANN - 09 Mar 2023 Form 4 Insider Report for Infinera Corp (INFN)

Role
Chief Legal Officer
Signature
/s/ Nicholas Janof, by Power of Attorney
Issuer symbol
INFN
Transactions as of
09 Mar 2023
Transactions value $
$0
Form type
4
Filing time
13 Mar 2023, 19:24:51 UTC
Previous filing
07 Mar 2023
Next filing
06 Apr 2023
SEC
View on sec.gov

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 Award $0 +57.5K $0.00 57.5K 09 Mar 2023 Common Stock 57.5K Direct F1, F2
* 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 vest as to one-third of the shares on the one-year anniversary of the April 5, 2023 vesting commencement date, and 1/12th of the shares vest quarterly thereafter, subject to Mr. Teichmann's continued service to the Company through each applicable vesting date.