SEC Form 4 · accession 0001209191-15-051477
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Jandro
Officer — Senior VP, Worldwide Sales
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 5:04 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 | Jun 5, 2015 | S | 18,000 | $21.4124 | D | 20,357 | 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 | 90,000 | 90,000 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Common Stock | 27,079 | 27,079 | D |
| Restricted Stock UnitsF2,F5 | — | holding | — | — | — | — | — | Common Stock | 17,990 | 17,990 | D |
Explanation of responses
- F1This price represents the weighted average sale price of the shares sold in multiple transactions at prices ranging from $21.36 to $21.51 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. Jandro will provide full information regarding the number of shares sold 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 August 5, 2014.
- F4These RSUs vest in three annual installments beginning on May 5, 2015.
- F5These RSUs vest in three annual installments beginning on May 5, 2016.