HEARD DAVID W (GM, Products and Solutions) exercised options at INFINERA CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/8/2024ACC: 0001138639-24-000228
Officer· GM, Products and Solutions
Since Jul 2018
-11.31K
Net shares
Net seller
$76.3K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
28.13K acquired · 39.44K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+28.13K
Price / share
—
Trade value
—
% of position
2.7%
10/5/2024
1.05M→1.08M
Common Stock
Direct
Shares
−11.31K
Price / share
$6.75
Trade value
$76.35K
% of position
1.0%
10/5/2024
1.08M→1.07M
Total
Net shares
+16.81K
Net value
-$76.35K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/5/2024 | M · Option Exercise | +28.13K | — | — | 2.7% | 1.05M | 1.08M |
| Common Stock Direct | 10/5/2024 | F · Tax Withholding | −11.31K | $6.75 | $76.35K | 1.0% | 1.08M | 1.07M |
| Total | +16.81K | -$76.35K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
28.13K shares
Shares
−28.13K
Strike price
Held after
168.75K
Exercisable
—
10/5/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock28.13K shares | 10/5/2024 | M · Option Exercise | −28.13K | — | 168.75K |