CHADDICK STEVE W 4
4 · CIENA CORP · Filed May 31, 2005
Insider Transaction Report
Form 4
CIENA CORPCIEN
CHADDICK STEVE W
Sr.VP, Chief Strategy Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2005-05-26+272,925→ 0 totalExercise: $1.15From: 1996-06-21Exp: 2006-06-21→ Common Stock (272,925 underlying) - Exercise/Conversion
Common Stock
2005-05-26$1.15/sh+272,925$313,864→ 584,875 total
Footnotes (1)
- [F1]The shares vest at a rate of 25% on the one year anniversary of the grant date and 2.084% for each full month after the one year anniversary.