CIENA CORP 4
4 · CIENA CORP · Filed Jun 15, 2007
Insider Transaction Report
Form 4
CIENA CORPCIEN
STEVENSON RUSSELL B JR
SR. VP, GENERAL COUNSEL
Transactions
- Sale
Common Stock
2007-06-14$35.01/sh−400$14,004→ 70,549 total - Exercise/Conversion
Common Stock
2007-06-14$19.95/sh+17,857$356,247→ 70,949 total - Exercise/Conversion
Common Stock
2007-06-14$31.71/sh+35,714$1,132,491→ 53,092 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-06-14−35,714→ 0 totalExercise: $31.71Exp: 2012-11-19→ Common Stock (35,714 underlying) - Sale
Common Stock
2007-06-14$35.00/sh−53,171$1,860,985→ 17,378 total - Sale
Common Stock
2007-06-14$35.00/sh−2,219$77,665→ 15,159 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-06-14−17,857→ 0 totalExercise: $19.95Exp: 2014-12-10→ Common Stock (17,857 underlying)
Footnotes (2)
- [F1]Sales were effected pursuant to Rule 10b5-1 trading plan dated June 7, 2007.
- [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.