0001138639-20-000013.txt : 20200211 0001138639-20-000013.hdr.sgml : 20200211 20200211193203 ACCESSION NUMBER: 0001138639-20-000013 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200207 FILED AS OF DATE: 20200211 DATE AS OF CHANGE: 20200211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HEARD DAVID W CENTRAL INDEX KEY: 0001245146 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33486 FILM NUMBER: 20599317 MAIL ADDRESS: STREET 1: C/O INFINERA CORPORATION STREET 2: 140 CASPIAN COURT CITY: SUNNYVALE STATE: CA ZIP: 94089 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: INFINERA Corp CENTRAL INDEX KEY: 0001138639 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 770560433 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 BUSINESS ADDRESS: STREET 1: 140 CASPIAN COURT CITY: SUNNYVALE STATE: CA ZIP: 94089 BUSINESS PHONE: 408-572-5200 MAIL ADDRESS: STREET 1: 140 CASPIAN COURT CITY: SUNNYVALE STATE: CA ZIP: 94089 FORMER COMPANY: FORMER CONFORMED NAME: INFINERA CORP DATE OF NAME CHANGE: 20030528 FORMER COMPANY: FORMER CONFORMED NAME: ZEPTON NETWORKS INC DATE OF NAME CHANGE: 20010418 4 1 wf-form4_158146750637960.xml FORM 4 X0306 4 2020-02-07 0 0001138639 INFINERA Corp INFN 0001245146 HEARD DAVID W C/O INFINERA CORPORATION 140 CASPIAN COURT SUNNYVALE CA 94089 0 1 0 0 Chief Operating Officer Common Stock 116796 D Restricted Stock Units Common Stock 75000.0 75000 D Restricted Stock Units Common Stock 51562.0 51562 D Restricted Stock Units Common Stock 52500.0 52500 D Restricted Stock Units Common Stock 220000.0 220000 D Restricted Stock Units 2020-02-07 4 A 0 8771 0 A Common Stock 8771.0 8771 D Restricted Stock Units 2020-02-07 4 A 0 13094 0 A Common Stock 13094.0 13094 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company"). These RSUs vest in four annual installments beginning on July 5, 2018. These RSUs vest in four annual installments beginning on May 5, 2019. These RSUs vest in four annual installments beginning on October 5, 2019. These RSUs vest in three annual installments beginning on May 5, 2020. On June 8, 2017, Mr. Heard was granted a performance share unit ("PSU") award at target for 50,000 shares of common stock that could become eligible to vest in three equal separate installments, subject to the achievement of certain performance criteria in each of the three different performance periods. The shares are eligible to vest based on the total stockholder return ("TSR") performance of the Company in each performance period relative to that of the companies that comprise S&P North American Technology Multimedia Networking Index (the "S&P Networking Index"). The performance objective related to this award was partially achieved for the third and final performance period, as determined by the compensation committee per the terms of the original grant. As a result, 8,771 shares of common stock underlying this award will vest on May 5, 2020, subject to Mr. Heard's continuous status as a service provider through such On February 15, 2018, Mr. Heard was granted a PSU award at target for 45,833 shares of common stock that could become eligible to vest in three equal separate installments, subject to the achievement of certain performance criteria in each of the three different performance periods. The shares are eligible to vest based on the TSR performance of the Company in each performance period relative to that of the companies that comprise the S&P Networking Index. The performance objective related to this award was partially achieved for the second performance period, as determined by the compensation committee per the terms of the original grant. As a result, 13,094 shares of common stock underlying this award will vest on May 5, 2020, subject to Mr. Heard's continuous status as a service provider through such date. /s/ Michael Post, by Power of Attorney 2020-02-11