Patel Rajal M 4
4 · INFINERA Corp · Filed Sep 19, 2018
Insider Transaction Report
Form 4
INFINERA CorpINFN
Patel Rajal M
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-09-17−2,622→ 0 total→ Common Stock (2,622 underlying) - Exercise/Conversion
Common Stock
2018-09-17+2,622→ 41,921 total(indirect: See Footnote)
Holdings
- 18,292
Restricted Stock Units
→ Common Stock (18,292 underlying)
Footnotes (5)
- [F1]These shares were previously held directly by the Reporting Person, but were re-registered and are now held directly by The Rajal & Brinda Patel Trust U/A DTD 9/6/2016 ("The Rajal & Brinda Trust"), for which Mr. Patel is a trustee.
- [F2]These shares are held directly by The Rajal & Brinda Patel Trust.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
- [F4]These RSUs vest in three annual installments beginning on September 17, 2015, subject to Mr. Patel's continued service to the Company.
- [F5]These RSUs have a vesting commencement date of May 24, 2018 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. Patel's continued service to the Company.