CIENA CORP 4
4 · CIENA CORP · Filed Oct 3, 2007
Insider Transaction Report
Form 4
CIENA CORPCIEN
STEVENSON RUSSELL B JR
SR. VP, GENERAL COUNSEL
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-10-02−13,690→ 14,881 totalExercise: $16.52Exp: 2015-11-02→ Common Stock (13,690 underlying) - Exercise/Conversion
Common Stock
2007-10-02$16.52/sh+13,690$226,159→ 28,606 total - Sale
Common Stock
2007-10-02$41.72/sh−18,834$785,775→ 9,772 total
Footnotes (2)
- [F1]Reflects the average sale price of the total shares sold. Actual sales prices are as follows: 300 shares at $41.82; 471 shares at $41.81; 8,029 shares at $41.80; 300 shares at $41.77; 100 shares at $41.76; 400 shares at $41.75; 900 shares at $41.74; 100 shares at $41.69; 200 shares at $41.68; 500 shares at $41.67; 1,000 shares at $41.66; 900 shares at $41.65; 2,100 shares at $41.64; 700 shares at $41.63; 500 shares at $41.62 and 2,334 shares at $41.59.
- [F2]Option vests in equal monthly amounts over 48 months beginning on November 1, 2005.