Wegleitner Mark A 4
4 · INFINERA Corp · Filed Dec 1, 2020
Insider Transaction Report
Form 4
INFINERA CorpINFN
Wegleitner Mark A
Director
Transactions
- Exercise/Conversion
Common Stock
2020-11-27$6.99/sh+20,000$139,800→ 159,234 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2020-11-27−20,000→ 20,000 totalExercise: $6.99Exp: 2021-05-23→ Common Stock (40,000 underlying) - Sale
Common Stock
2020-11-27$8.51/sh−20,000$170,164→ 139,234 total
Footnotes (3)
- [F1]This sale was made in connection with Mr. Wegleitner's Rule 10b5-1 Trading Plan, which was adopted on August 28, 2020.
- [F2]This price represents the weighted average sale price of the shares sold in multiple transactions at prices ranging from $8.50 to $8.58 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. Wegleitner will provide full information regarding the number of shares sold at each separate price.
- [F3]This option is fully vested.