SEC Form 4 · accession 0001138639-18-000050

INFINERA Corp · INFN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Strategy & Tech. Officer · Director

Period of report

May 5, 2018

Accepted (ET)

May 8, 2018 · 4:35 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^F1	May 5, 2018	M	9,590	$0.00	A	573,941	I	See Footnote
Common Stock^F1	May 5, 2018	F	3,317	$12.01	D	570,624	I	See Footnote
Common Stock^F1	May 5, 2018	M	14,385	$0.00	A	585,009	I	See Footnote
Common Stock^F1	May 5, 2018	F	4,975	$12.01	D	580,034	I	See Footnote
Common Stock^F1	May 5, 2018	M	21,713	$0.00	A	601,747	I	See Footnote
Common Stock^F1	May 5, 2018	F	7,509	$12.01	D	594,238	I	See Footnote
Common Stock^F1	May 5, 2018	M	28,708	$0.00	A	622,946	I	See Footnote
Common Stock^F1	May 5, 2018	F	11,122	$12.01	D	611,824	I	See Footnote
Common Stock^F2	holding	—	—		—	292,293	I	See Footnote
Common Stock^F3	holding	—	—		—	528,150	I	See Footnote
Common Stock^F4	holding	—	—		—	140,000	I	See Footnote
Common Stock^F5	holding	—	—		—	2,500	I	See Footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F7,F8	—	May 5, 2018	M	9,590	D	—	—	Common Stock	9,590	0	D
Restricted Stock Units^F7,F9	—	May 5, 2018	M	14,385	D	—	—	Common Stock	14,385	0	D
Restricted Stock Units^F7,F10	—	May 5, 2018	M	21,713	D	—	—	Common Stock	65,137	43,424	D
Restricted Stock Units^F7,F11	—	May 5, 2018	M	28,708	D	—	—	Common Stock	114,831	86,123	D
Employee Stock Option (Right to Buy)^F6	$7.11	holding	—	—	—	—	Feb 10, 2019	Common Stock	100,000	100,000	D
Employee Stock Option (Right to Buy)^F6	$7.45	holding	—	—	—	—	Aug 10, 2019	Common Stock	150,000	150,000	D
Employee Stock Option (Right to Buy)^F6	$8.58	holding	—	—	—	—	Feb 10, 2021	Common Stock	20,250	20,250	D
Employee Stock Option (Right to Buy)^F6	$8.58	holding	—	—	—	—	Feb 10, 2021	Common Stock	60,750	60,750	D
Employee Stock Option (Right to Buy)^F6	$8.58	holding	—	—	—	—	Feb 10, 2021	Common Stock	39,465	39,465	D
Employee Stock Option (Right to Buy)^F6	$8.58	holding	—	—	—	—	Feb 10, 2021	Common Stock	41,535	41,535	D
Restricted Stock Units^F7,F12	—	holding	—	—	—	—	—	Common Stock	68,750	68,750	D

F1These shares are held directly by The Welch Family Trust, for which Dr. Welch is a trustee.
F10These RSUs vest in four annual installments beginning on May 5, 2017.
F11These RSUs vest in four annual installments beginning on May 5, 2018.
F12These RSUs vest in four annual installments beginning on May 5, 2019.
F2These shares are held directly by LRFA, LLC, for which Dr. Welch is the sole managing member.
F3These shares are held directly by The Welch Family Heritage Trust I u/I dated 9/24/01, for which Dr. Welch is a trustee.
F4These shares are held directly by The Welch Group, L.P., for which Dr. Welch is a general partner.
F5These shares are held directly by Dr. Welch as a trustee for his children. Dr. Welch disclaims beneficial ownership of the shares held in trust for his children, and this report shall not be deemed an admission that Dr. Welch is the beneficial owner of the shares held in trust for his children for purposes of Section 16 or for any other purpose.
F6This option is fully-vested.
F7Each restricted stock unit ("RSU") represents a contingent right to receive one share of Infinera Corporation common stock.
F8These RSUs vest in three annual installments beginning on May 5, 2016.
F9These RSUs vest in full on May 5, 2018.