Wegleitner Mark A 4
4 · INFINERA Corp · Filed Dec 16, 2020
Insider Transaction Report
Form 4
INFINERA CorpINFN
Wegleitner Mark A
Director
Transactions
- Exercise/Conversion
Common Stock
2020-12-14$6.99/sh+20,000$139,800→ 149,234 total - Sale
Common Stock
2020-12-14$9.67/sh−30,000$290,199→ 119,234 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2020-12-14−20,000→ 0 totalExercise: $6.99Exp: 2021-05-23→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]This sale was made in connection with Mr. Wegleitner's Rule 10b5-1 Trading Plan, which was adopted on August 28, 2020.
- [F2]This price represents the weighted average sale price of the shares sold in multiple transactions at prices ranging from $9.51 to $10.00 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. Wegleitner will provide full information regarding the number of shares sold at each separate price.
- [F3]This option is fully vested and exercisable as of the date of the hereof.