0001138639-21-000172.txt : 20210915
0001138639-21-000172.hdr.sgml : 20210915
20210915185354
ACCESSION NUMBER: 0001138639-21-000172
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210913
FILED AS OF DATE: 20210915
DATE AS OF CHANGE: 20210915
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Welch David F
CENTRAL INDEX KEY: 0001399122
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33486
FILM NUMBER: 211256491
MAIL ADDRESS:
STREET 1: C/O INFINERA CORPORATION
STREET 2: 140 CASPIAN COURT
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Infinera Corp
CENTRAL INDEX KEY: 0001138639
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661]
IRS NUMBER: 770560433
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1225
BUSINESS ADDRESS:
STREET 1: 6373 SAN IGNACIO AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95119
BUSINESS PHONE: 408-572-5200
MAIL ADDRESS:
STREET 1: 6373 SAN IGNACIO AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95119
FORMER COMPANY:
FORMER CONFORMED NAME: INFINERA Corp
DATE OF NAME CHANGE: 20161219
FORMER COMPANY:
FORMER CONFORMED NAME: INFINERA CORP
DATE OF NAME CHANGE: 20030528
FORMER COMPANY:
FORMER CONFORMED NAME: ZEPTON NETWORKS INC
DATE OF NAME CHANGE: 20010418
4
1
wf-form4_163174641563043.xml
FORM 4
X0306
4
2021-09-13
0
0001138639
Infinera Corp
INFN
0001399122
Welch David F
C/O INFINERA CORPORATION
6373 SAN IGNACIO AVENUE
SAN JOSE
CA
95119
1
0
0
0
Restricted Stock Units
2021-09-13
4
A
0
50000
0
A
Common Stock
50000.0
50000
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
On March 27, 2019, Dr. Welch was granted a PSU award for a target number of 50,000 shares of common stock that could become eligible to vest subject to the Company's achievement of positive operating income (the "Performance Goal") during fiscal 2019 through fiscal 2021. The Performance Goal is measured on a non-GAAP basis, either (a) for a full fiscal year or (b) for any four consecutive fiscal quarters. The Company achieved the Performance Goal during the four consecutive fiscal quarters ending with the fiscal quarter ended June 26, 2021, as certified by the Company's Compensation Committee on September 13, 2021, per the terms of the PSU award. As a result, 44,444 shares of common stock underlying this award will vest on October 5, 2021 and 5,556 shares of common stock underlying this award will vest on January 5, 2022, each vesting subject to Dr. Welch's continued service to the Company through such date.
/s/ Michael Hopp, by Power of Attorney
2021-09-15