Ansa Sekharan - Sep 11, 2024 Form 4 Insider Report for Informatica Inc. (INFA)

Signature
/s/ Jason Cohen, Attorney-in-fact
Stock symbol
INFA
Transactions as of
Sep 11, 2024
Transactions value $
-$1,893,925
Form type
4
Date filed
9/13/2024, 04:05 PM
Previous filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INFA Class A Common Stock Options Exercise $559K +64.3K +13.11% $8.70 554K Sep 11, 2024 Direct F1
transaction INFA Class A Common Stock Sale -$2.45M -97.2K -17.53% $25.24 457K Sep 11, 2024 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INFA Stock Option (right to buy) Options Exercise $0 -64.3K -64.63% $0.00 35.2K Sep 11, 2024 Class A Common Stock 64.3K $8.70 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes previously reported RSUs.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 7, 2024.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $25.00 to $25.61 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F4 The shares subject to the option shall vest over three years, of which 33% vested on October 27, 2022 and 8.375% shall vest quarterly thereafter, subject to the Reporting Person remaining in continuous service through each vesting date.