CIENA CORP 4
4 · CIENA CORP · Filed Jun 1, 2007
Insider Transaction Report
Form 4
CIENA CORPCIEN
CHINNICI JOSEPH R
SR VP FINANCE, CFO
Transactions
- Exercise/Conversion
Common Stock
2007-05-31$31.71/sh+42,857$1,358,995→ 80,192 total - Sale
Common Stock
2007-05-31$34.00/sh−42,857$1,457,138→ 37,335 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-05-31−42,857→ 0 totalExercise: $31.71Exp: 2012-11-19→ Common Stock (42,857 underlying)
Holdings
- 8,176(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Sales were effected pursuant to Rule 10b5-1 trading plan dated 12/19/06.
- [F2]Option is fully vested. On October 26, 2005, the Board of Directors accelerated the vesting of Ciena's then unvested, "out-of-the-money" stock options.