SEC Form 4 · accession 0001032553-15-000016
CIENA CORP · CIEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary B Smith
Officer — PRESIDENT, CEO · Director
Period of report
Jul 16, 2015
Accepted (ET)
Jul 20, 2015 · 2:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000936395
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 16, 2015 | M | 4,800 | $16.52 | A | 563,891 | D | |
| Common StockF2,F1 | Jul 16, 2015 | S | 4,800 | $25.1835 | D | 559,091 | D | |
| Common StockF1 | Jul 17, 2015 | M | 4,800 | $16.52 | A | 563,891 | D | |
| Common StockF2,F1 | Jul 17, 2015 | S | 4,800 | $25.6758 | D | 559,091 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $16.52 | Jul 16, 2015 | M | 4,800 | D | — | Nov 2, 2015 | Common Stock | 4,800 | 33,037 | D |
| Non-Qualified Stock Option (right to buy)F3 | $16.52 | Jul 17, 2015 | M | 4,800 | D | — | Nov 2, 2015 | Common Stock | 4,800 | 28,237 | D |
Explanation of responses
- F1Shares reported include unvested Restricted Stock Units (RSUs).
- F2Sales were effected pursuant to Rule 10b5-1 trading plan dated 4/1/2015.
- F3Option is fully vested.