INFINERA CORP 4
4 · INFINERA CORP · Filed Feb 12, 2009
Insider Transaction Report
Form 4
INFINERA CORPINFN
BALKANSKI ALEXANDRE
Director
Transactions
- Purchase
Common Stock
2009-02-10$7.14/sh+383,500$2,739,456→ 2,572,907 total(indirect: See footnote.) - Award
Performance Share Units
2009-02-10+15,000→ 15,000 totalFrom: 2012-02-10Exp: 2012-02-10→ Common Stock (15,000 underlying)
Holdings
- 2,657,763(indirect: See footnote.)
Common Stock
Footnotes (5)
- [F1]The purchase price reported in column 4 of Table 1 represents the weighted average purchase price of the shares ranging from $7.00 to $7.33 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares purchased at each separate price.
- [F2]Shares are held directly by Benchmark Capital Partners VI, L.P., as nominee ("BCP VI"). The Reporting Person is a managing member of Benchmark Capital Management Co. VI, L.L.C. ("BCMC VI"), the general partner of BCP VI, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by BCMC VI. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.
- [F3]Shares are held directly by Benchmark Capital Partners IV, L.P., as nominee ("BCP IV"). The Reporting Person is a managing member of Benchmark Capital Management Co. IV, L.L.C. ("BCMC IV"), the general partner of BCP IV, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by BCMC IV. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.
- [F4]Each Performance Share Unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F5]The reported performance shares entitle the Reporting Person to receive shares of the Issuer's Common Stock based on the Issuer's stock price performance as compared to NASDAQ. The amount of shares to be awarded upon vesting is subject to adjustment within a range of 7,500 to 30,000 shares of Common Stock based upon the change in the price of the Issuer's Common Stock as measured against the change of the NASDAQ. The measurement period is a comparison of the six month average between July 1, 2011 and December 31, 2011 as compared to the 30 day trailing average as of December 31, 2008.