Jason Phipps - 17 Dec 2024 Form 4 Insider Report for CIENA CORP (CIEN)

Role
SVP Global Sales and Marketing
Signature
By: Michelle Rankin For: Jason Phipps
Issuer symbol
CIEN
Transactions as of
17 Dec 2024
Transactions value $
$0
Form type
4
Filing time
19 Dec 2024, 15:54:58 UTC
Previous filing
01 Oct 2024
Next filing
23 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIEN Common Stock Award $0 +7,434 +8.2% $0 98,583 17 Dec 2024 Direct F1, F2
transaction CIEN Common Stock Award $0 +18,153 +18% $0 116,736 17 Dec 2024 Direct F2, F3
transaction CIEN Common Stock Award $0 +7,679 +6.6% $0 124,415 17 Dec 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of stock units earned pursuant to the terms of a performance stock unit (PSU) award granted on December 12, 2023 reflecting the achievement of the related performance conditions. These shares vest in equal 1/2 amounts on each of December 20, 2024 and 2025.
F2 Shares reported include unvested Restricted Stock Units (RSUs), Performance Stock Units (PSUs), and Market Stock Units (MSUs).
F3 Reflects 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, 2025.
F4 Reflects the number of stock units earned pursuant to the terms of a market stock unit (MSU) award granted on December 14, 2021 reflecting the level of achievement of the applicable total shareholder return (TSR) performance conditions. These shares vest on December 20, 2024.