SEC Form 4 · accession 0001209191-15-071713
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, 2015
Accepted (ET)
Sep 21, 2015 · 6:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001138639
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | — | Sep 17, 2015 | A | 7,868 | A | — | — | Common Stock | 7,868 | 7,868 | D |
| Common StockF1,F3 | — | Sep 17, 2015 | A | 5,245 | A | — | — | Common Stock | 5,245 | 5,245 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
- F2The RSUs vest in three annual installments beginning on September 17, 2015, subject to Mr. Patel's continued service to the Company.
- F3The 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. Patel's continued service to the Company.