James Moylan - Jan 31, 2022 Form 4 Insider Report for CIENA CORP (CIEN)

Role
SVP Finance, CFO
Signature
By: Michelle Rankin For: James E. Moylan Jr.
Stock symbol
CIEN
Transactions as of
Jan 31, 2022
Transactions value $
-$1,055,589
Form type
4
Date filed
2/2/2022, 02:28 PM
Previous filing
Jan 19, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIEN Common Stock Tax liability -$1.06M -15.9K -6.59% $66.31 226K Jan 31, 2022 Direct F1, F2
holding CIEN Common Stock 108K Jan 31, 2022 By spousal trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 12/12/2017. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 4 on 12/14/2017.
F2 Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
F3 The beneficiary of the trust is the reporting person's spouse. The reporting person disclaims beneficial ownership of the securities held by the trust.