| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | INFN | Common Stock | Options Exercise | $0 | +4.58K | +1.79% | $0.00 | 260K | 05 Mar 2024 | Direct | |
| transaction | INFN | Common Stock | Tax liability | -$13.2K | -2.57K | -0.99% | $5.15 | 258K | 05 Mar 2024 | Direct | F1 |
| 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 | -4.58K | -20% | $0.00 | 18.3K | 05 Mar 2024 | Common Stock | 4.58K | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | 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"). |
| F2 | Each RSU represents a contingent right to receive one share of common stock of the Company. |
| F3 | These RSUs, originally for a total of 55,000 shares, vest as to one-third of the shares on the one-year anniversary of the March 5, 2022 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. |