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: 1/7/2025ACC: 0001138639-25-000005
Officer· GM, Products and Solutions
Since Jul 2018
-8.42K
Net shares
Net seller
$55.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
28.13K acquired · 36.54K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+28.13K
Price / share
—
Trade value
—
% of position
2.6%
1/5/2025
1.08M→1.11M
Common Stock
Direct
Shares
−8.42K
Price / share
$6.59
Trade value
$55.46K
% of position
0.8%
1/5/2025
1.11M→1.10M
Total
Net shares
+19.71K
Net value
-$55.46K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/5/2025 | M · Option Exercise | +28.13K | — | — | 2.6% | 1.08M | 1.11M |
| Common Stock Direct | 1/5/2025 | F · Tax Withholding | −8.42K | $6.59 | $55.46K | 0.8% | 1.11M | 1.10M |
| Total | +19.71K | -$55.46K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
28.13K shares
Shares
−28.13K
Strike price
Held after
140.62K
Exercisable
—
1/5/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock28.13K shares | 1/5/2025 | M · Option Exercise | −28.13K | — | 140.62K |