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

Role
SVP, Chief Strategy Officer
Signature
By: Michelle Rankin For: Mary Yang
Stock symbol
CIEN
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 03:04 PM
Previous filing
Oct 15, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIEN Common Stock Award $0 +13K +34.09% $0.00 51.2K Dec 14, 2021 Direct F1, F2
transaction CIEN Common Stock Award $0 +9.52K +18.59% $0.00 60.7K Dec 14, 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.