SEC Form 4 · accession 0001177269-16-000015
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, 2016
Accepted (ET)
Dec 23, 2016 · 11:45 am 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, 2016 | S | 952 | $24.67 | D | 323,475 | D | |
| Common StockF3,F2 | Dec 21, 2016 | S | 1,132 | $24.67 | D | 322,343 | D | |
| Common StockF3,F2 | Dec 21, 2016 | S | 3,385 | $24.67 | D | 318,958 | D | |
| Common StockF4,F2 | Dec 21, 2016 | S | 774 | $24.67 | D | 318,184 | D | |
| Common StockF5,F2 | Dec 21, 2016 | S | 9,601 | $24.67 | D | 308,583 | D | |
| Common StockF5,F2 | Dec 21, 2016 | S | 3,027 | $24.67 | D | 305,556 | D | |
| Common StockF6,F2 | Dec 21, 2016 | S | 1,344 | $24.67 | D | 304,212 | D | |
| Common StockF7,F2 | Dec 21, 2016 | S | 2,099 | $24.67 | D | 302,113 | D | |
| Common StockF7,F2 | Dec 21, 2016 | S | 3,489 | $24.67 | D | 298,624 | D | |
| Common StockF8,F2 | Dec 21, 2016 | S | 940 | $24.67 | D | 297,684 | 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 12/18/2012. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 12/20/2012.
- 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 12/17/2013. The earning of the PSU was previously reported on Table I of reporting person's Form 4 on 12/19/2014.
- F4Shares 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.
- F5Shares 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.
- F6Shares 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.
- 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 12/15/2015. The earning of the PSU was previously reported on Table I of reporting person's Form 4 on 12/16/2016.
- F8Shares 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 12/15/2015. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 12/17/2015.