SEC Form 4 · accession 0001177261-15-000114
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
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 9:17 pm EST
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,F2 | Dec 15, 2015 | A | 87,790 | $0.00 | A | 633,273 | D | |
| Common StockF3,F2 | Dec 15, 2015 | A | 316,403 | $0.00 | A | 949,676 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects 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, 2016.
- F2Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
- F3Reflects the number of stock units earned pursuant to the terms of a performance stock unit award granted on 12/17/2014 reflecting the achievement of the related performance conditions. These shares vest in equal 1/3 amounts on each December 20, 2015, 2016, and 2017.