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