David W. Heard - Jan 13, 2025 Form 4 Insider Report for Infinera Corp (INFN)

Role
Chief Executive Officer, Director
Signature
/s/ Nicholas Janof, by Power of Attorney
Stock symbol
INFN
Transactions as of
Jan 13, 2025
Transactions value $
$0
Form type
4
Date filed
1/15/2025, 08:23 PM
Previous filing
Jan 7, 2025
Next filing
Mar 3, 2025
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 +650K $0.00 650K Jan 13, 2025 Common Stock 650K 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 in two equal annual installments beginning on the one-year anniversary of the vesting commencement date, which is February 5, 2025, subject to Mr. Heard's continued service to the Company through each applicable vesting date.