Lakkaraju Roop Kalyan 4
4 · Infinera Corp · Filed Mar 3, 2025
Insider Transaction Report
Form 4
Infinera CorpINFN
Lakkaraju Roop Kalyan
Director
Transactions
- Exercise/Conversion
Common Stock
2025-02-28+36,697→ 130,851 total - Disposition to Issuer
Common Stock
2025-02-28−130,851→ 0 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−36,697→ 0 total→ Common Stock (36,697 underlying)
Footnotes (4)
- [F1]Disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of June 27, 2024, by and among Nokia Corporation, Neptune of America Corporation and Infinera Corporation ("Company"), referred to as the "Merger Agreement".
- [F2]Each share of Company common stock held by the Reporting Person was automatically cancelled, extinguished and converted into the right to receive the consideration provided in the Merger Agreement.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.
- [F4]Immediately prior to the Effective Time (as defined in the Merger Agreement) of the merger, each share of Company common stock underlying this unvested RSU award originally granted to Reporting Person on June 12, 2024, fully vested and converted automatically into the right to receive the consideration provided in the Merger Agreement.