FERNICOLA MICHAEL H (Chief Accounting Officer) exercised options at INFINERA CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/6/2024ACC: 0001138639-24-000060
Officer· Chief Accounting Officer
Since Aug 2019
-3.27K
Net shares
Net seller
$16.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
5.83K acquired · 9.10K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+5.83K
Price / share
—
Trade value
—
% of position
4.8%
3/5/2024
121.77K→127.60K
Common Stock
Direct
Shares
−3.27K
Price / share
$5.15
Trade value
$16.82K
% of position
2.6%
3/5/2024
127.60K→124.33K
Total
Net shares
+2.57K
Net value
-$16.82K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/5/2024 | M · Option Exercise | +5.83K | — | — | 4.8% | 121.77K | 127.60K |
| Common Stock Direct | 3/5/2024 | F · Tax Withholding | −3.27K | $5.15 | $16.82K | 2.6% | 127.60K | 124.33K |
| Total | +2.57K | -$16.82K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
5.83K shares
Shares
−5.83K
Strike price
Held after
23.33K
Exercisable
—
3/5/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock5.83K shares | 3/5/2024 | M · Option Exercise | −5.83K | — | 23.33K |