SEC Form 4 · accession 0001138639-17-000051
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marcel Gani
Director
Period of report
Jun 7, 2017
Accepted (ET)
Jun 9, 2017 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001138639
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 9, 2017 | M | 5,926 | $0.00 | A | 106,715 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 7, 2017 | A | 15,566 | A | — | — | Common Stock | 15,566 | 15,566 | D |
| Restricted Stock UnitsF1,F3 | — | Jun 9, 2017 | M | 5,926 | D | — | — | Common Stock | 5,926 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
- F2These RSUs have a vesting commencement date of May 25, 2017 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Gani's continued service to the Company.
- F3These RSUs vest in three annual installments beginning on June 9, 2014, subject to Mr. Gani's continued service to the Company.