Brodie Gage - Dec 26, 2024 Form 4 Insider Report for CIENA CORP (CIEN)

Signature
By: Michelle Rankin For: Brodie Gage
Stock symbol
CIEN
Transactions as of
Dec 26, 2024
Transactions value $
-$30,674
Form type
4
Date filed
12/30/2024, 12:39 PM
Previous filing
Dec 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIEN Common Stock Sale -$30.7K -350 -0.7% $87.64 49.9K Dec 26, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Sales were effected pursuant to Rule 10b5-1 trading plan dated 09/06/2024
F2 Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).