Sec Form 4 Filing - Feller Brad @ INFINERA CORP - 2016-07-26

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
Feller Brad
2. Issuer Name and Ticker or Trading Symbol
INFINERA CORP [ INFN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
C/O INFINERA CORPORATION, 140 CASPIAN COURT
3. Date of Earliest Transaction (MM/DD/YY)
07/26/2016
(Street)
SUNNYVALE, CA94089
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 89,586 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (Right to Buy) $ 9.02 ( 1 ) 01/13/2021 Common Stock 24,107 24,107 D
Non-Qualified Stock Option (Right to Buy) $ 9.02 ( 1 ) 01/13/2021 Common Stock 893 893 D
Restricted Stock Units ( 2 ) ( 3 ) ( 3 ) Common Stock 83,148 83,148 D
Restriced Stock Units ( 2 ) ( 4 ) ( 4 ) Common Stock 12,373 12,373 D
Restricted Stock Units ( 2 ) ( 5 ) ( 5 ) Common Stock 32,270 32,270 D
Restricted Stock Units ( 2 ) 07/26/2016 A 8,418 ( 6 ) ( 6 ) Common Stock 8,418 $ 0 8,418 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Feller Brad
C/O INFINERA CORPORATION
140 CASPIAN COURT
SUNNYVALE, CA94089
Chief Financial Officer
Signatures
/s/ Michael Post, by Power of Attorney 07/28/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This option vests and becomes exercisable as to 1/4th of the underlying shares on January 13, 2015 and then 1/48th per month thereafter.
( 2 )Each restricted stock unit ("RSU") represents a contingent right to receive one share of Infinera Corporation common stock.
( 3 )These RSUs vest in four annual installments beginning on February 5, 2015.
( 4 )These RSUs vest in three annual installments beginning on May 5, 2016.
( 5 )These RSUs vest in four annual installments beginning on May 5, 2017.
( 6 )On February 24, 2015, Mr. Feller was granted a performance-based RSU award, subject to the achievement of certain performance criteria. The performance criteria related to these shares were met at 136% of target for the performance period, as determined by the administrator per the terms of the original grant, and the common stock issuable with respect to these RSUs will vest on August 5, 2016, subject to Mr. Feller's continuous status as a service provider through such date.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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