Sheela Kosaraju - Apr 1, 2025 Form 4 Insider Report for CIENA CORP (CIEN)

Signature
By: Michelle Rankin For: Sheela Kosaraju
Stock symbol
CIEN
Transactions as of
Apr 1, 2025
Transactions value $
-$83,564
Form type
4
Date filed
4/2/2025, 08:41 PM
Previous filing
Mar 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIEN Common Stock Sale -$83.6K -1.38K -1.48% $60.51 92K Apr 1, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sales were effected pursuant to Rule 10b5-1 trading plan dated 10/14/2024.
F2 Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).