Mark Pellowski - 23 Feb 2022 Form 4 Insider Report for Informatica Inc. (INFA)

Role
Chief Accounting Officer
Signature
/s/ Bridget Logterman, Attorney-in-fact
Issuer symbol
INFA
Transactions as of
23 Feb 2022
Net transactions value
$0
Form type
4
Filing time
25 Feb 2022, 17:01:45 UTC
Previous filing
19 Nov 2021
Next filing
07 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFA Class A Common Stock Award $0 +13,673 +56% $0.000000 38,002 23 Feb 2022 Direct F1, F2

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 INFA Stock Option (right to buy) Award $0 +33,409 $0.000000 33,409 23 Feb 2022 Class A Common Stock 33,409 $8.70 Direct F3
transaction INFA Stock Option (right to buy) Award $0 +30,000 $0.000000 30,000 23 Feb 2022 Class A Common Stock 30,000 $8.70 Direct F4
transaction INFA Stock Option (right to buy) Award $0 +25,000 $0.000000 25,000 23 Feb 2022 Class A Common Stock 25,000 $11.70 Direct F5
transaction INFA Stock Option (right to buy) Award $0 +18,000 $0.000000 18,000 23 Feb 2022 Class A Common Stock 18,000 $20.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). One sixteenth (1/16th) of the total number of RSUs subject to this award will be scheduled to vest on each of the sixteen (16), consecutive Quarterly Vesting Dates that occur on or immediately following the date that is three (3) months after February 23, 2022 (the "Vesting Commencement Date") (on the same day of the month as the Vesting Commencement Date or if there is no corresponding day in such third month, on the last day of such month), in each case subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date. A "Quarterly Vesting Date" means February 15, May 15, August 15, and November 15 with respect to any calendar year.
F2 Includes previously reported RSUs.
F3 This performance-based stock option was granted on January 24, 2017. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (25,724 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).
F4 This performance-based stock option was granted on March 20, 2018. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (23,100 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).
F5 This performance-based stock option was granted on September 1, 2018. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (19,250 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).
F6 This performance-based stock option was granted on May 12, 2020. On February 23, 2022, the Company's board of directors certified partial achievement (77%) of the goal based on performance to date and amended the option to provide that 77% of the shares (13,860 shares) covered by the option shall vest over three years, of which 33% shall vest on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date. The performance period for achievement of the full performance goal remains intact and all shares will vest on achievement of the goal (assuming continued employment through goal achievement).