DAVID TEICHMANN - 05 Jun 2022 Form 4 Insider Report for Infinera Corp

Role
Chief Legal Officer
Signature
/s/ Nicholas Janof, by Power of Attorney
Issuer symbol
N/A
Transactions as of
05 Jun 2022
Net transactions value
-$16,222
Form type
4
Filing time
07 Jun 2022, 19:56:51 UTC
Previous filing
07 Apr 2022
Next filing
07 Jul 2022
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 +5,708 +3.3% $0.000000 177,501 05 Jun 2022 Direct
transaction INFN Common Stock Tax liability $16,222 -2,831 -1.6% $5.73 174,670 05 Jun 2022 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 -5,708 -25% $0.000000 17,126 05 Jun 2022 Common Stock 5,708 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 vesting commencement date, which is March 5, 2020, and 1/12th quarterly thereafter, subject to Mr. Teichmann's continued service to the Company through each applicable vesting date.

Remarks:

Exhibit 24 - Power of Attorney