CIENA CORP 4
4 · CIENA CORP · Filed Dec 20, 2007
Insider Transaction Report
Form 4
CIENA CORPCIEN
CHINNICI JOSEPH R
SR VP FINANCE, CFO
Transactions
- Sale
Common Stock
2007-12-20$35.44/sh−3,261$115,580→ 30,164 total - Exercise/Conversion
Common Stock
2007-12-20$16.52/sh+2,232$36,873→ 33,425 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-12-20−2,232→ 17,113 totalExercise: $16.52Exp: 2015-11-02→ Common Stock (2,232 underlying)
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 sale prices are as follows: 300 shares at $35.60; 400 shares at $35.58; 100 shares at $35.54; 100 shares at $35.53; 100 shares at $35.50; 700 shares at $35.46; 300 shares at $35.41; 100 shares at $35.39; 300 shares at $35.36; 500 shares at $35.35; 100 shares at $35.31; and 261 shares at $35.30.
- [F3]Option is fully vested.