| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CIEN | Common Stock | Sale | $117,525 | -1,341 | -2.5% | $87.64 | 51,948 | 26 Dec 2024 | Direct | F1, F2 |
| transaction | CIEN | Common Stock | Sale | $117,525 | -1,341 | -2.6% | $87.64 | 50,607 | 26 Dec 2024 | Direct | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Sales were effected pursuant to Rule 10b5-1 trading plan dated 9/11/2024. |
| F2 | Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). |