Mary Yang - 14 Dec 2021 Form 4 Insider Report for CIENA CORP (CIEN)

Role
SVP, Chief Strategy Officer
Signature
By: Michelle Rankin For: Mary Yang
Issuer symbol
CIEN
Transactions as of
14 Dec 2021
Net transactions value
$0
Form type
4
Filing time
16 Dec 2021, 15:04:12 UTC
Previous filing
15 Oct 2021
Next filing
22 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIEN Common Stock Award $0 +13,022 +34% $0.000000 51,223 14 Dec 2021 Direct F1, F2
transaction CIEN Common Stock Award $0 +9,520 +19% $0.000000 60,743 14 Dec 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of stock units earned pursuant to the terms of a performance stock unit award granted on December 16, 2020 reflecting the achievement of the related performance conditions. These shares vest in equal 1/2 amounts on each of December 20, 2021 and 2022.
F2 Shares reported include unvested Restricted Stock Units (RSUs), Performance Stock Units (PSUs), and Market Stock Units (MSUs).
F3 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, 2022.