Erba Nancy 4
4 · Infinera Corp · Filed Jan 7, 2025
Insider Transaction Report
Form 4
Infinera CorpINFN
Erba Nancy
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-01-05+9,791→ 581,713 total - Tax Payment
Common Stock
2025-01-05$6.59/sh−5,491$36,186→ 576,222 total - Exercise/Conversion
Restricted Stock Units
2025-01-05−9,791→ 48,959 total→ Common Stock (9,791 underlying)
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 117,500 shares, vest as to one-third of the shares on the one-year anniversary of the April 5, 2023 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.