INFINERA Corp 4
4 · INFINERA Corp · Filed Jan 18, 2017
Insider Transaction Report
Form 4
INFINERA CorpINFN
DAANE JOHN
Director
Transactions
- Exercise/Conversion
Common Stock
2017-01-14+3,510→ 15,510 total - Exercise/Conversion
Restricted Stock Units
2017-01-14−3,510→ 7,019 total→ Common Stock (10,529 underlying)
Holdings
- 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.