SEC Form 4 · accession 0001209191-16-134321
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brad Feller
Officer — Chief Financial Officer
Period of report
Jul 26, 2016
Accepted (ET)
Jul 28, 2016 · 5:20 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 | holding | — | — | — | 89,586 | 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,F6 | — | Jul 26, 2016 | A | 8,418 | A | — | — | Common Stock | 8,418 | 8,418 | D |
| Incentive Stock Option (Right to Buy)F1 | $9.02 | holding | — | — | — | — | Jan 13, 2021 | Common Stock | 24,107 | 24,107 | D |
| Non-Qualified Stock Option (Right to Buy)F1 | $9.02 | holding | — | — | — | — | Jan 13, 2021 | Common Stock | 893 | 893 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 83,148 | 83,148 | D |
| Restriced Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Common Stock | 12,373 | 12,373 | D |
| Restricted Stock UnitsF2,F5 | — | holding | — | — | — | — | — | Common Stock | 32,270 | 32,270 | D |
Explanation of responses
- F1This option vests and becomes exercisable as to 1/4th of the underlying shares on January 13, 2015 and then 1/48th per month thereafter.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of Infinera Corporation common stock.
- F3These RSUs vest in four annual installments beginning on February 5, 2015.
- F4These RSUs vest in three annual installments beginning on May 5, 2016.
- F5These RSUs vest in four annual installments beginning on May 5, 2017.
- F6On February 24, 2015, Mr. Feller was granted a performance-based RSU award, subject to the achievement of certain performance criteria. The performance criteria related to these shares were met at 136% of target for the performance period, as determined by the administrator per the terms of the original grant, and the common stock issuable with respect to these RSUs will vest on August 5, 2016, subject to Mr. Feller's continuous status as a service provider through such date.