SEC Form 4 · accession 0001177261-15-000122
CIENA CORP · CIEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francois Locoh-Donou
Officer — Chief Operating Officer
Period of report
Dec 21, 2015
Accepted (ET)
Dec 23, 2015 · 2:42 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 21, 2015 | S | 4,405 | $19.90 | D | 335,517 | D | |
| Common StockF3,F2 | Dec 21, 2015 | S | 5,101 | $19.90 | D | 330,416 | D | |
| Common StockF4,F2 | Dec 21, 2015 | S | 1,207 | $19.90 | D | 329,209 | D | |
| Common StockF5,F2 | Dec 21, 2015 | S | 5,327 | $19.90 | D | 323,882 | D | |
| Common StockF5,F2 | Dec 21, 2015 | S | 3,552 | $19.90 | D | 320,330 | D | |
| Common StockF6,F2 | Dec 21, 2015 | S | 1,332 | $19.90 | D | 318,998 | D | |
| Common StockF7,F2 | Dec 21, 2015 | S | 3,380 | $19.90 | D | 315,618 | D | |
| Common StockF7,F2 | Dec 21, 2015 | S | 1,130 | $19.90 | D | 314,488 | D | |
| Common StockF8,F2 | Dec 21, 2015 | S | 901 | $19.90 | D | 313,587 | D | |
| Common StockF9,F2 | Dec 21, 2015 | S | 1,342 | $19.90 | D | 312,245 | D | |
| Common StockF10,F2 | Dec 21, 2015 | S | 3,022 | $19.90 | D | 309,223 | D | |
| Common StockF10,F2 | Dec 21, 2015 | S | 9,586 | $19.90 | D | 299,637 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a restricted stock unit (RSU) award agreement dated 8/1/2011. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 8/3/2011.
- F10Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a performance stock unit (PSU) award agreement dated 12/17/2014. The earning of the PSU was previously reported on Table I of reporting person's Form 4 on 12/17/2015.
- F2Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
- F3Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a performance stock unit (PSU) award agreement dated 8/1/2011. Acquisition of the PSU was previously reported in Table I of reporting person's Form 4 on 8/3/2011.
- F4RSU Taxes - 12/15/2011 (Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a restricted stock unit (RSU) award agreement dated 12/15/2011. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 12/19/2011.)
- F5Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to performance stock unit (PSU) award agreement dated 12/18/2012. The earning of the PSU was previously reported on Table I of reporting person's Form 4 on 12/19/2013.
- F6RSU Tax Sales 12/18/12 (Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a restricted stock unit (RSU) award agreement dated 12/18/2012. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 12/20/2012.)
- F7Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a performance stock unit (PSU) award agreement dated 12/17/2013. The earning of the PSU was previously reported on Table I of reporting person's Form 4 on 12/19/2014.
- F8RSU Tax Sales 12/17/13 Award (Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a restricted stock unit (RSU) award agreement dated 12/17/2013. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 12/19/2013.)
- F9RSU tax sales - 12/17/14 grant (Shares reported represent an amount sold to cover the tax liabilities of the reporting person pursuant to a 10b5-1 sales instruction related to a restricted stock unit (RSU) award agreement dated 12/17/2014. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 12/19/2014.)