0001138639-19-000053.txt : 20190515 0001138639-19-000053.hdr.sgml : 20190515 20190515162136 ACCESSION NUMBER: 0001138639-19-000053 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190515 FILED AS OF DATE: 20190515 DATE AS OF CHANGE: 20190515 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Fallon Thomas J CENTRAL INDEX KEY: 0001399121 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33486 FILM NUMBER: 19828560 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: 1228 BUSINESS ADDRESS: STREET 1: 140 CASPIAN COURT CITY: SUNNYVALE STATE: CA ZIP: 94089 BUSINESS PHONE: 408-572-5200 MAIL ADDRESS: STREET 1: 140 CASPIAN COURT CITY: SUNNYVALE STATE: CA ZIP: 94089 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_155795168064881.xml FORM 4 X0306 4 2019-05-15 0 0001138639 INFINERA Corp INFN 0001399121 Fallon Thomas J C/O INFINERA CORPORATION 140 CASPIAN COURT SUNNYVALE CA 94089 1 1 0 0 Chief Executive Officer Common Stock 2019-05-15 4 P 0 50000 3.3183 A 1482246 I See Footnote Employee Stock Option (Right to Buy) 8.19 2019-11-23 Common Stock 90056.0 90056 D Employee Stock Option (Right to Buy) 8.58 2021-02-10 Common Stock 14286.0 14286 D Employee Stock Option (Right to Buy) 8.58 2021-02-10 Common Stock 32965.0 32965 D Employee Stock Option (Right to Buy) 8.58 2021-02-10 Common Stock 30475.0 30475 D Employee Stock Option (Right to Buy) 8.58 2021-02-10 Common Stock 182250.0 182250 D Restricted Stock Units Common Stock 21712.0 21712 D Restricted Stock Units Common Stock 57415.0 57415 D Restricted Stock Units Common Stock 101562.0 101562 D Performance Stock Units Common Stock 162500.0 162500 D This price represents the weighted average purchase price of the shares bought in multiple transactions at prices ranging from $3.235 to $3.36 per share. Upon request by the staff of the Securities and Exchange Commission, Infinera Corporation (the "Company") or a security holder of the Company, Mr. Fallon will provide full information regarding the number of shares purchased at each separate price. These shares are held directly by The Fallon Family Revocable Trust dated 9/7/94, for which Mr. Fallon is a trustee. This option is fully-vested. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company common stock. These RSUs vest in four annual installments beginning on May 5, 2017. These RSUs vest in four annual installments beginning on May 5, 2018. These RSUs vest in four annual installments beginning on May 5, 2019. Each performance stock unit ("PSU") represents a contingent right to receive one share of common stock of the Company. These PSUs become eligible to vest, if at all, within three years of the grant date if the closing price of the Company's common stock is equal to or greater than $10.00 per share for 90 consecutive days. If the performance target is met prior to the expiration of the three-year term, a pro-rata portion of the PSUs will vest on the 5th of the month after the certification date and the remaining portion will vest on the 5th of the month after the end of the three-year term, subject to Mr. Fallon remaining a service provider through each such date. For example, if the performance target is met in the eighteenth month after the date of grant then half the shares will be eligible to vest, and the remaining half will vest after the expiration of the term. /s/ Michael Post, by Power of Attorney 2019-05-15