SEC Form 4 · accession 0001138639-18-000090
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajal M Patel
Director
Period of report
Sep 17, 2018
Accepted (ET)
Sep 19, 2018 · 5:18 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 StockF1,F2 | Sep 17, 2018 | M | 2,622 | $0.00 | A | 41,921 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Sep 17, 2018 | M | 2,622 | D | — | — | Common Stock | 2,622 | 0 | D |
| Restricted Stock UnitsF3,F5 | — | holding | — | — | — | — | — | Common Stock | 18,292 | 18,292 | D |
Explanation of responses
- F1These shares were previously held directly by the Reporting Person, but were re-registered and are now held directly by The Rajal & Brinda Patel Trust U/A DTD 9/6/2016 ("The Rajal & Brinda Trust"), for which Mr. Patel is a trustee.
- F2These shares are held directly by The Rajal & Brinda Patel Trust.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
- F4These RSUs vest in three annual installments beginning on September 17, 2015, subject to Mr. Patel's continued service to the Company.
- F5These RSUs have a vesting commencement date of May 24, 2018 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. Patel's continued service to the Company.