Gary Smith - Dec 17, 2024 Form 4 Insider Report for CIENA CORP (CIEN)

Role
President, CEO, Director
Signature
By: Michelle Rankin For: Gary B Smith
Stock symbol
CIEN
Transactions as of
Dec 17, 2024
Transactions value $
$0
Form type
4
Date filed
12/19/2024, 04:14 PM
Previous filing
Sep 24, 2024
Next filing
Dec 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIEN Common Stock Award $0 +56.7K +16.06% $0.00 410K Dec 17, 2024 Direct F1, F2
transaction CIEN Common Stock Award $0 +36.3K +8.87% $0.00 446K Dec 17, 2024 Direct F2, F3
transaction CIEN Common Stock Award $0 +35.6K +7.98% $0.00 482K Dec 17, 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects Restricted Stock Units (RSUs) that vest over four years, with one-sixteenth of the grant amount vesting on March 20, June 20, September 20, and December 20 of each year, commencing on March 20, 2025.
F2 Shares reported include unvested Restricted Stock Units (RSUs), Performance Stock Units (PSUs), and Market Stock Units (MSUs).
F3 Reflects the number of stock units earned pursuant to the terms of a performance stock unit (PSU) award granted on December 12, 2023 reflecting the achievement of the related performance conditions. These shares vest in equal 1/2 amounts on each of December 20, 2024 and 2025.
F4 Reflects the number of stock units earned pursuant to the terms of a market stock unit (MSU) award granted on December 14, 2021 reflecting the level of achievement of the applicable total shareholder return (TSR) performance conditions. These shares vest on December 20, 2024.