INFINERA CORP 4
4 · INFINERA CORP · Filed Aug 2, 2016
Insider Transaction Report
Form 4
INFINERA CORPINFN
DAANE JOHN
Director
Transactions
- Purchase
Common Stock
2016-08-01$8.49/sh+12,000$101,880→ 12,000 total
Holdings
- 10,529
Restricted Stock Units
→ Common Stock (10,529 underlying) - 13,242
Restricted Stock Units
→ Common Stock (13,242 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
- [F2]These RSUs vest in three annual installments beginning on January 14, 2016, subject to Mr. Daane's continued service to the Company.
- [F3]These RSUs have a vesting commencement date of May 12, 2016 and vest on the earlier of the date of the next annual meeting of stockholders or the one-year anniversary of the date of grant, subject to Mr. Daane's continued service to the Company.