CIENA CORP 4
4 · CIENA CORP · Filed Sep 21, 2007
Insider Transaction Report
Form 4
CIENA CORPCIEN
CHINNICI JOSEPH R
SR VP FINANCE, CFO
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-09-20−2,233→ 19,345 totalExercise: $16.52Exp: 2015-11-02→ Common Stock (2,233 underlying) - Sale
Common Stock
2007-09-20$38.03/sh−7,540$286,764→ 31,724 total - Exercise/Conversion
Common Stock
2007-09-20$16.52/sh+2,233$36,889→ 39,264 total
Footnotes (3)
- [F1]Sales were effected pursuant to Rule 10b5-1 trading plan dated 12/19/06.
- [F2]Reflects the average sale price of the total shares sold. Actual sales prices are as follows: 400 shares at $38.19; 200 shares at $38.08; 740 shares at $38.07; 553 shares at $38.06; 900 shares at $38.05; 800 shares at $38.04; 300 shares at $38.01; 2,347 shares at $38.00; and 1,300 shares at $37.99.
- [F3]Option vests in equal amounts over 48 months beginning on November 1, 2005.