Patel Rajal M 4
4 · INFINERA Corp · Filed May 22, 2020
Insider Transaction Report
Form 4
INFINERA CorpINFN
Patel Rajal M
Director
Transactions
- Exercise/Conversion
Common Stock
2020-05-21+53,745→ 113,958 total(indirect: See Footnote) - Exercise/Conversion
Restricted Stock Units
2020-05-21−53,745→ 0 total→ Common Stock (53,745 underlying)
Footnotes (3)
- [F1]These shares are held directly by The Rajal & Brinda Patel Trust.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
- [F3]These RSUs have a vesting commencement date of May 23, 2019 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.