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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (5) | 05/19/2011 | M | 5,500 | (6) | (6) | Common Stock | 5,500 | $ 0 | 0 | D | ||||
Restricted Stock Units | (5) | 05/18/2011 | A | 9,100 | (7) | (7) | Common Stock | 9,100 | $ 0 | 9,100 | D | ||||
Non-Qualified Stock Option (Right to Buy) | $ 7.25 | 05/18/2011 | A | 17,600 | (8) | 05/18/2021 | Common Stock | 17,600 | $ 0 | 17,600 | D | ||||
Non-Qualified Stock Option (Right to Buy) | $ 7.55 | (9) | 05/19/2020 | Common Stock | 14,500 | 14,500 | D | ||||||||
Non-Qualified Stock Option (Right to Buy) | $ 7.45 | (10) | 08/10/2019 | Common Stock | 37,500 | 37,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MAYDAN DAN C/O INFINERA CORPORATION 169 JAVA DRIVE SUNNYVALE, CA 94089 |
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/s/ Michael O. McCarthy III, by Power of Attorney | 05/20/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Excludes 5,500 shares previously held by the Reporting Person which were re-registered to the Maydan Marital Share One UAD 5/06/00 on May 19, 2011 and sold on May 19, 2011. |
(2) | This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 13, 2010. |
(3) | Shares held directly by the Maydan Marital Share One UAD 5/06/00 for which the Reporting Person serves as trustee. |
(4) | Shares held directly by the Dan Maydan 1981 Marital Share 1 U/A DTD 3/26/81 for which the Reporting Person serves as trustee. |
(5) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of INFN common stock. |
(6) | The RSUs fully vested on May 19, 2011. |
(7) | The RSUs fully vest on May 18, 2012. |
(8) | The option fully vests on May 18, 2012. |
(9) | The option fully vested on May 19, 2011. |
(10) | The option vests and becomes exercisable in twenty-four equal monthly installments commencing on the date of grant. |