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
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                      	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 *

MCCARTHY MICHAEL O III	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 Legal & Admin Officer	
(Last)          (First)          (Middle)

C/O INFINERA CORPORATION, 140 CASPIAN COURT	3. Date of Earliest Transaction (MM/DD/YYYY)

12/31/2012		
(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)	
			Code	V	Amount	(A) or (D)	Price				
Common Stock  	12/31/2012  	 	A	  	28125   (9)	A	$0  	73401  	D  	 	
Common Stock  	12/31/2012  	 	F	  	8987  	D	$5.81  	64414  	D  	 	

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)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Employee Stock Option (Right to Buy)  	$1.32  	 	 	   	  	  	  	  (1)	11/28/2015  	Common Stock  	7996  	 	7996  	D  	 	
Employee Stock Option (Right to Buy)  	$2  	 	 	   	  	  	  	  (1)	8/8/2016  	Common Stock  	8703  	 	8703  	D  	 	
Employee Stock Option (Right to Buy)  	$2  	 	 	   	  	  	  	  (1)	8/8/2016  	Common Stock  	11805  	 	11805  	D  	 	
Employee Stock Option (Right to Buy)  	$7.11  	 	 	   	  	  	  	  (1)	2/10/2019  	Common Stock  	45309  	 	45309  	D  	 	
Employee Stock Option (Right to Buy)  	$7.45  	 	 	   	  	  	  	  (1)	8/10/2019  	Common Stock  	51040  	 	51040  	D  	 	
Employee Stock Option (Right to Buy)  	$8.19  	 	 	   	  	  	  	  (1)	11/23/2016  	Common Stock  	56250  	 	56250  	D  	 	
Employee Stock Option (Right to Buy)  	$7.61  	 	 	   	  	  	  	  (2)	6/6/2017  	Common Stock  	25642  	 	25642  	D  	 	
Employee Stock Option (Right to Buy)  	$7.61  	 	 	   	  	  	  	  (2)	6/6/2017  	Common Stock  	29355  	 	29355  	D  	 	
Employee Stock Option (Right to Buy)  	$7.61  	 	 	   	  	  	  	  (3)	2/28/2018  	Common Stock  	2886  	 	2886  	D  	 	
Employee Stock Option (Right to Buy)  	$7.61  	 	 	   	  	  	  	  (3)	2/28/2018  	Common Stock  	59780  	 	59780  	D  	 	
Employee Stock Option (Right to Buy)  	$8.58  	 	 	   	  	  	  	  (4)	2/10/2021  	Common Stock  	38577  	 	38577  	D  	 	
Employee Stock Option (Right to Buy)  	$8.58  	 	 	   	  	  	  	  (4)	2/10/2021  	Common Stock  	26423  	 	26423  	D  	 	
Restricted Stock Units  	  (5)	 	 	   	  	  	  	  (6)	  (6)	Common Stock  	22000  	 	22000  	D  	 	
Restricted Stock Units  	  (5)	 	 	   	  	  	  	  (7)	  (7)	Common Stock  	64000  	 	64000  	D  	 	
Restricted Stock Units  	  (5)	 	 	   	  	  	  	  (8)	  (8)	Common Stock  	47500  	 	47500  	D  	 	
Employee Stock Option (Right to Buy)  	$8.58  	 	 	   	  	  	  	  (1)	2/10/2021  	Common Stock  	16250  	 	16250  	D  	 	
Employee Stock Option (Right to Buy)  	$8.58  	 	 	   	  	  	  	  (1)	2/10/2021  	Common Stock  	48750  	 	48750  	D  	 	

Explanation of Responses:	
(  1) 	The option is fully vested.	
(  2) 	The option vests and becomes exercisable in thirty-six monthly installments beginning on February 5, 2010.	
(  3) 	The option vests and becomes exercisable in forty-eight monthly installments beginning on February 5, 2010.	
(  4) 	The option vests and becomes exercisable in thirty-six monthly installments beginning on February 10, 2011.	
(  5) 	Each restricted stock unit ("RSU") represents a contingent right to receive one share of INFN common stock.	
(  6) 	The RSUs vest in three annual installments beginning on February 5, 2012.	
(  7) 	The RSUs vest in three annual installments beginning on February 5, 2013.	
(  8) 	The RSUs vest as to 100% on December 31, 2014.	
(  9) 	This includes performance-based RSUs granted in 2009 in which the award criteria was satisfied in 2012.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
MCCARTHY MICHAEL O III
C/O INFINERA CORPORATION
140 CASPIAN COURT
SUNNYVALE, CA 94089			Chief Legal & Admin Officer		

Signatures		
/s/ Michael O. McCarthy III		1/2/2013	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	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).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
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