4//SEC Filing
Welch David F 4
Accession 0001138639-25-000055
CIK 0001138639other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:37 PM ET
Size
11.7 KB
Accession
0001138639-25-000055
Insider Transaction Report
Form 4
Infinera CorpINFN
Welch David F
Chief Mktg & Strategy Officer
Transactions
- Disposition to Issuer
Common Stock
2025-02-28−532,871→ 0 total(indirect: See Footnote) - Exercise/Conversion
Common Stock
2025-02-28+100,001→ 532,871 total(indirect: See Footnote) - Exercise/Conversion
Restricted Stock Units
2025-02-28−100,001→ 0 total→ Common Stock (100,001 underlying) - Disposition to Issuer
Common Stock
2025-02-28−2,500→ 0 total(indirect: See Footnote)
Footnotes (6)
- [F1]Shares of Company common stock reported are held directly by The Welch Family Trust U/A DTD 4/3/1996 ("The Welch Family Trust"), for which the Reporting Person is a trustee.
- [F2]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".
- [F3]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.
- [F4]Shares of Company common stock held directly by the Reporting Person as a trustee for his children. The Reporting Person disclaims beneficial ownership of the shares held in trust for his children, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares held in trust for his children for purposes of Section 16 or for any other purpose.
- [F5]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.
- [F6]Includes shares of Company common stock underlying previously reported unvested RSUs which immediately prior to the Effective Time (as defined in the Merger Agreement) of the merger fully vested and converted automatically into the right to receive the consideration provided in the Merger Agreement.
Documents
Issuer
Infinera Corp
CIK 0001138639
Entity typeother
Related Parties
1- filerCIK 0001399122
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:37 PM ET
- Size
- 11.7 KB