CIENA CORP 4
4 · CIENA CORP · Filed Nov 6, 2007
Insider Transaction Report
Form 4
CIENA CORPCIEN
STEVENSON RUSSELL B JR
SR. VP, GENERAL COUNSEL
Transactions
- Tax Payment
Common Stock
2007-11-03$46.88/sh−243$11,392→ 9,529 total
Footnotes (1)
- [F1]Shares reported represent the amount forfeited to cover the tax liabilities of the reporting person pursuant to a restricted stock unit (RSU) award agreement dated November 1, 2005. The RSU vests at the end of Ciena's fiscal quarters over a four year year term and shares are issued net of taxes upon vesting. Acquisition of the RSU was previously reported in Table I of reporting person's Form 4 filed on November 3, 2005.