| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CIEN | Common Stock | Sale | -$194K | -4.17K | -1.03% | $46.66 | 399K | Dec 1, 2023 | Direct | F1, F2, F3 |
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).
| Id | Content |
|---|---|
| F1 | Sales were effected pursuant to Rule 10b5-1 trading plan dated 03/11/2023 |
| F2 | Reflects the weighted average sales price with transactions in a range of sales from $46.015 to $46.97. Upon request by the SEC, full information regarding the number of shares sold at each separate sales price will be provided. |
| F3 | Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). |