Statement of Changes in Beneficial Ownership (4)

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 OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Welch David F	2. Issuer Name and Ticker or Trading Symbol INFINERA Corp [ INFN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) C/O INFINERA CORPORATION, 140 CASPIAN COURT	3. Date of Earliest Transaction (MM/DD/YYYY) 5/5/2020
(Street) SUNNYVALE, CA 94089 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	5/5/2020		M		13094	A	$0	1512385	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		F		4528	D	$0	1507857	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		M		17188	A	$0	1525045	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		F		5944	D	$0	1519101	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		M		21712	A	$0	1540813	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		F		7509	D	$0	1533304	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		M		28708	A	$0	1562012	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		F		9928	D	$0	1552084	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		M		30217	A	$0	1582301	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		F		10450	D	$0	1571851	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		M		33334	A	$0	1605185	I	See Footnote ⁽¹⁾
Common Stock	5/5/2020		F		13734	D	$0	1591451	I	See Footnote ⁽¹⁾
Common Stock								117293	I	See Footnote ⁽²⁾
Common Stock								2500	I	See Footnote ⁽³⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$8.58							⁽⁴⁾	2/10/2021	Common Stock	20250.0		20250	D
Employee Stock Option (Right to Buy)	$8.58							⁽⁴⁾	2/10/2021	Common Stock	60750.0		60750	D
Employee Stock Option (Right to Buy)	$8.58							⁽⁴⁾	2/10/2021	Common Stock	39465.0		39465	D
Employee Stock Option (Right to Buy)	$8.58							⁽⁴⁾	2/10/2021	Common Stock	41535.0		41535	D
Restricted Stock Units	⁽⁵⁾	5/5/2020		M			33334	⁽⁶⁾	⁽⁶⁾	Common Stock	33334.0	$0	66666	D
Restricted Stock Units	⁽⁵⁾	5/5/2020		M			21712	⁽⁷⁾	⁽⁷⁾	Common Stock	21712.0	$0	0	D
Restricted Stock Units	⁽⁵⁾	5/5/2020		M			28708	⁽⁸⁾	⁽⁸⁾	Common Stock	28708.0	$0	28707	D
Restricted Stock Units	⁽⁵⁾	5/5/2020		M			17188	⁽⁹⁾	⁽⁹⁾	Common Stock	17188.0	$0	34374	D
Restricted Stock Units	⁽⁵⁾	5/5/2020		M			30217	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	30217.0	$0	0	D
Restricted Stock Units	⁽⁵⁾	5/5/2020		M			13094	⁽¹¹⁾	⁽¹¹⁾	Common Stock	13094.0	$0	0	D
Restricted Stock Units	⁽⁵⁾							⁽¹²⁾	⁽¹²⁾	Common Stock	75000.0		75000	D

Explanation of Responses:
(1)	These shares are held directly by The Welch Family Trust U/A DTD 4/3/1996 ("The Welch Family Trust"), for which Dr. Welch is a trustee.
(2)	These shares are held directly by LRFA, LLC, for which Dr. Welch is the sole managing member.
(3)	These shares are held directly by Dr. Welch as a trustee for his children. Dr. Welch disclaims beneficial ownership of the shares held in trust for his children, and this report shall not be deemed an admission that Dr. Welch is the beneficial owner of the shares held in trust for his children for purposes of Section 16 or for any other purpose.
(4)	This option is fully-vested.
(5)	Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Infinera Corporation (the "Company").
(6)	These RSUs vest in three annual installments beginning on May 5, 2020, subject to Mr. Welch's continued service to the Company through each applicable vesting date.
(7)	These RSUs vest in four annual installments beginning on May 5, 2017, subject to Mr. Welch's continued service to the Company through each applicable vesting date.
(8)	These RSUs vest in four annual installments beginning on May 5, 2018, subject to Mr. Welch's continued service to the Company through each applicable vesting date.
(9)	These RSUs vest in three annual installments beginning on May 5, 2019, subject to Mr. Welch's continued service to the Company through each applicable vesting date.
(10)	On February 21, 2017, Mr. Welch was granted a performance share unit ("PSU") award for a target number of 172,247 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, 30,217 shares of common stock underlying this award vested on May 5, 2020, subject to Mr. Welch's continuous status as a service provider through such date.
(11)	On February 15, 2018, Mr. Welch was granted a PSU award for a target number of 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 vested on May 5, 2020, subject to Mr. Welch's continuous status as a service provider through such date.
(12)	These RSUs vest as to one-third of the shares on the one year anniversary of the vesting commencement date, which is March 5, 2020, and 1/12th quarterly thereafter, subject to Mr. Welch's continued service to the Company through each applicable vesting date.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Welch David F C/O INFINERA CORPORATION 140 CASPIAN COURT SUNNYVALE, CA 94089	X