CIENA CORP 4
4 · CIENA CORP · Filed May 1, 2006
Insider Transaction Report
Form 4
CIENA CORPCIEN
STEVENSON RUSSELL B JR
SR. VP, GENERAL COUNSEL
Transactions
- Award
Common Stock
2006-04-29+3,302→ 108,930 total - Tax Payment
Common Stock
2006-04-29$4.09/sh−1,698$6,945→ 107,232 total
Footnotes (2)
- [F1]Shares reported as acquired were previously reported in Table I of reporting person's Form 4 filed on November 3, 2005. The amount reported as acquired represents shares that vested on April 29, 2006 and that were not forfeited to cover tax liabilities of the grantee pursuant to the award grant. Represents the second of 16 quarterly vesting dates.
- [F2]Shares reported represent the amount forfeited to cover the tax liabilities of the grantee pursuant to the award agreement.