James E. Moylan Jr. - 20 Dec 2022 Form 4 Insider Report for CIENA CORP (CIEN)

Role: SVP Finance, CFO
Signature: By: Michelle Rankin For: James E. Moylan Jr.
Issuer symbol: CIEN
Transactions as of: 20 Dec 2022
Net transactions value: -$526,351
Form type: 4
Filing time: 22 Dec 2022, 15:14:33 UTC
Previous filing: 20 Dec 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CIEN	Common Stock	Tax liability	$147,514	-2,994	-1.2%	$49.27	256,656	20 Dec 2022	Direct	F1, F2
transaction	CIEN	Common Stock	Tax liability	$27,493	-558	-0.22%	$49.27	256,098	20 Dec 2022	Direct	F2, F3
transaction	CIEN	Common Stock	Tax liability	$131,994	-2,679	-1%	$49.27	253,419	20 Dec 2022	Direct	F2, F4
transaction	CIEN	Common Stock	Tax liability	$85,139	-1,728	-0.68%	$49.27	251,691	20 Dec 2022	Direct	F2, F4
transaction	CIEN	Common Stock	Tax liability	$23,157	-470	-0.19%	$49.27	251,221	20 Dec 2022	Direct	F2, F5
transaction	CIEN	Common Stock	Tax liability	$111,055	-2,254	-0.9%	$49.27	248,967	20 Dec 2022	Direct	F2, F6
holding	CIEN	Common Stock						108,043	20 Dec 2022	By spousal trust	F7

* 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 market stock unit (MSU) award agreement dated 12/17/2019. The earning of the MSU was previously reported on Table I of the reporting person's Form 4 on 12/15/2022.
F2	Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
F3	Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 12/16/2020. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 4 on 12/18/2020.
F4	Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a performance stock unit (PSU) award agreement dated 12/16/2020. The earning of the PSU was previously reported on Table I of the reporting person's Form 4 on 12/16/2021.
F5	Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 12/14/2021. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 4 on 12/16/2021.
F6	Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a performance stock unit (PSU) award agreement dated 12/14/2021. The earning of the PSU was previously reported on Table I of the reporting person's Form 4 on 12/15/2022.
F7	The beneficiary of the trust is the reporting person's spouse. The reporting person disclaims beneficial ownership of the securities held by the trust.