SEC Form 4 · accession 0001177269-16-000025
CIENA CORP · CIEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marcus H Starke
Officer — SVP, Chief Marketing Officer
Period of report
Dec 21, 2016
Accepted (ET)
Dec 23, 2016 · 11:55 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 | 1,263 | $24.67 | D | 69,970 | D | |
| Common StockF3,F2 | Dec 21, 2016 | S | 732 | $24.67 | D | 69,238 | D | |
| Common StockF3,F2 | Dec 21, 2016 | S | 1,215 | $24.67 | D | 68,023 | D | |
| Common StockF4,F2 | Dec 21, 2016 | S | 328 | $24.67 | D | 67,695 | 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 3/1/2015. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 3/3/2015.
- 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 12/15/2015. The earning of the PSU was previously reported on Table I of reporting person's Form 4 on 12/16/2016.
- 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 12/15/2015. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 on 12/17/2015.