SEC Form 4 · accession 0001209191-15-036737
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hooshmand Kambiz
Director
Period of report
Apr 24, 2015
Accepted (ET)
Apr 28, 2015 · 6:07 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 | Apr 24, 2015 | M | 100,000 | $9.24 | A | 135,234 | D | |
| Common StockF1 | Apr 24, 2015 | S | 100,000 | $19.3809 | D | 35,234 | D | |
| Common StockF2 | holding | — | — | — | 13,333 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F3 | $9.24 | Apr 24, 2015 | M | 100,000 | D | — | Dec 15, 2019 | Common Stock | 100,000 | 0 | D |
| Restricted Stock UnitsF4,F5 | — | holding | — | — | — | — | — | Common Stock | 19,009 | 19,009 | D |
Explanation of responses
- F1This price represents the weighted average sale price of the shares sold in multiple transactions at prices ranging from $19.25 to $19.55 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. Hooshmand will provide full information regarding the number of shares sold at each separate price.
- F2These shares are held directly by Mr. Hooshmand and Farinaz Attarzadeh, as trustees of The 2002 Hooshmand Family Trust dated March 1, 2002.
- F3This option is fully vested.
- F4Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Company.
- F5These RSUs fully vest on the earlier of the date of the Company's next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Hooshmand's continued service to the Company.
Remarks
Exhibit 24.1 - Power of Attorney