SEC Form 4 · accession 0001138639-18-000104
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Heard
Officer — Chief Operating Officer
Period of report
Nov 9, 2018
Accepted (ET)
Nov 9, 2018 · 3:41 pm EST
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 | Nov 9, 2018 | P | 20,000 | $4.7434 | A | 44,532 | 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 UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 112,500 | 112,500 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Common Stock | 68,750 | 68,750 | D |
| Restricted Stock UnitsF2,F5 | — | holding | — | — | — | — | — | Common Stock | 70,000 | 70,000 | D |
Explanation of responses
- F1This price represents the weighted average purchase price of the shares bought in multiple transactions at prices ranging from $4.695 to $4.8025 per share. Upon request by the staff of the Securities and Exchange Commission, Infinera Corporation (the "Company") or a security holder of the Company, Mr. Heard will provide full information regarding the number of shares purchased at each separate price.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Company.
- F3These RSUs vest in four annual installments beginning on July 5, 2018.
- F4These RSUs vest in four annual installments beginning on May 5, 2019.
- F5These RSUs vest in four annual installments beginning on October 5, 2019.