4//SEC Filing
Walia Amit 4
Accession 0001415889-24-010755
CIK 0001868778other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 4:05 PM ET
Size
8.4 KB
Accession
0001415889-24-010755
Insider Transaction Report
Form 4
Informatica Inc.INFA
Walia Amit
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Exercise/Conversion
Class A Common Stock
2024-04-11+150,000→ 2,989,460 total - Exercise/Conversion
Performance-based Restricted Stock Units
2024-04-11−150,000→ 150,000 total→ Class A Common Stock (150,000 underlying)
Footnotes (4)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs were acquired upon the determination of the Compensation Committee of the Board of Directors of the Issuer that certain performance goals were achieved with respect to Tranche 2 of performance awards granted to the Reporting Person on November 27, 2023 as described in Table II of this Form 4 and footnote (5) below. One sixth (1/6) of the RSUs subject to Tranche 2 of this award is scheduled to vest on May 15, 2024, and the remaining RSUs will vest quarterly thereafter through November 15, 2026.
- [F2]Includes previously reported RSUs.
- [F3]Each Performance-based Restricted Stock Unit ("PSU") represents one share of Class A Common stock.
- [F4]The Performance Period for the PSUs covers the period from the grant date through the 3rd anniversary of the grant date. The award vests for achievement of stock price targets using a 90-calendar day volume-weighted average price ("VWAP"), which must be achieved during the 3-year Performance Period. The award has 3 tranches: (1) Tranche 1 has a stock price target of $30.00 and consists of 300,000 shares; (2) Tranche 2 has a stock price target of $32.50 and consists of 150,000 shares; and (3) Tranche 3 has a stock price target of $35.00 and consists of 150,000 shares. In addition to the performance-based vesting requirements, the Reporting Person must remain in service with the Company over the Performance Period, in which case shares will vest quarterly over the Performance Period (but shares do not vest based only on continued service).
Documents
Issuer
Informatica Inc.
CIK 0001868778
Entity typeother
Related Parties
1- filerCIK 0001879089
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 4:05 PM ET
- Size
- 8.4 KB