SEC Form 4 · accession 0001209191-16-135112
INFINERA Corp · INFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marcel Gani
Director
Period of report
Aug 2, 2016
Accepted (ET)
Aug 3, 2016 · 11:42 am 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 | Aug 2, 2016 | P | 50,000 | $8.6043 | A | 87,547 | 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 | 5,926 | 5,926 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Common Stock | 13,242 | 13,242 | D |
Explanation of responses
- F1This price represents the weighted average purchase price of the shares bought in multiple transactions at prices ranging from $8.52 to $8.64 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. Gani will provide full information regarding the number of shares purchased 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 three annual installments beginning on June 9, 2014, subject to Mr. Gani's continued service to the Company.
- F4These RSUs have a vesting commencement date of May 12, 2016 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Gani's continued service to the Company.