SEC Form 4 · accession 0001209191-16-096698
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Fallon
Officer — Chief Executive Officer · Director
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 4:13 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 | Feb 5, 2016 | M | 37,666 | $0.00 | A | 807,122 | I | See Footnote |
| Common StockF1 | Feb 5, 2016 | F | 14,341 | $14.40 | D | 792,781 | I | See Footnote |
| Common StockF1 | Feb 5, 2016 | M | 84,999 | $0.00 | A | 877,780 | I | See Footnote |
| Common StockF1 | Feb 5, 2016 | F | 39,713 | $14.40 | D | 838,067 | I | See Footnote |
| Common StockF1 | Feb 5, 2016 | M | 80,164 | $0.00 | A | 918,231 | I | See Footnote |
| Common StockF1 | Feb 5, 2016 | F | 41,830 | $14.40 | D | 876,401 | I | See Footnote |
| Common StockF1 | Feb 5, 2016 | M | 25,960 | $0.00 | A | 902,361 | I | See Footnote |
| Common StockF1 | Feb 5, 2016 | F | 13,546 | $14.40 | D | 888,815 | 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 | — | Feb 5, 2016 | M | 37,666 | D | — | — | Common Stock | 37,666 | 0 | D |
| Restricted Stock UnitsF3,F7 | — | Feb 5, 2016 | M | 84,999 | D | — | — | Common Stock | 84,999 | 0 | D |
| Restricted Stock UnitsF3,F8 | — | Feb 5, 2016 | M | 80,164 | D | — | — | Common Stock | 80,164 | 0 | D |
| Restricted Stock UnitsF3,F9 | — | Feb 5, 2016 | M | 25,960 | D | — | — | Common Stock | 25,960 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $8.19 | holding | — | — | — | — | Nov 23, 2019 | Common Stock | 90,056 | 90,056 | D |
| Employee Stock Option (Right to Buy)F2 | $8.58 | holding | — | — | — | — | Feb 10, 2021 | Common Stock | 14,286 | 14,286 | D |
| Employee Stock Option (Right to Buy)F2 | $8.58 | holding | — | — | — | — | Feb 10, 2021 | Common Stock | 32,965 | 32,965 | D |
| Employee Stock Option (Right to Buy)F2 | $8.58 | holding | — | — | — | — | Feb 10, 2021 | Common Stock | 30,475 | 30,475 | D |
| Employee Stock Option (Right to Buy)F2 | $8.58 | holding | — | — | — | — | Feb 10, 2021 | Common Stock | 182,250 | 182,250 | D |
| Restricted Stock UnitsF3,F5 | — | holding | — | — | — | — | — | Common Stock | 71,258 | 71,258 | D |
| Restricted Stock UnitsF3,F6 | — | holding | — | — | — | — | — | Common Stock | 55,240 | 55,240 | D |
Explanation of responses
- F1These shares are held directly by The Fallon Family Revocable Trust dated 9/7/94, for which Mr. Fallon is a trustee.
- F2This option is fully-vested.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of Infinera Corporation common stock.
- F4These RSUs vest in three annual installments beginning on February 5, 2014.
- F5These RSUs vest in three annual installments beginning on May 5, 2015.
- F6These RSUs vest in three annual installments beginning on May 5, 2016.
- F7This includes 84,999 shares granted pursuant to a performance-based RSU award, which vested and released to Mr. Fallon effective February 5, 2016.
- F8This includes 80,164 shares granted pursuant to a performance-based RSU award, which vested and released to Mr. Fallon effective February 5, 2016.
- F9This includes 25,960 shares granted pursuant to a performance-based RSU award, which vested and released to Mr. Fallon effective February 5, 2016.