Erba Nancy 4
4 · Infinera Corp · Filed Dec 6, 2024
Insider Transaction Report
Form 4
Infinera CorpINFN
Erba Nancy
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-12-05−7,708→ 7,709 total→ Common Stock (7,708 underlying) - Tax Payment
Common Stock
2024-12-05$6.63/sh−4,144$27,475→ 571,922 total - Exercise/Conversion
Common Stock
2024-12-05+7,708→ 576,066 total
Footnotes (3)
- [F1]Represents shares that have been withheld by Infinera Corporation (the "Company") to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs").
- [F2]Each RSU represents a contingent right to receive one share of common stock of the Company.
- [F3]These RSUs, originally for a total of 92,500 shares, vest as to one-third of the shares on the one-year anniversary of the March 5, 2022 vesting commencement date, and 1/12th of the shares vest quarterly thereafter, subject to Ms. Erba's continued service to the Company through each applicable vesting date.