SMITH ARTHUR D 4
4 · CIENA CORP · Filed Nov 2, 2009
Insider Transaction Report
Form 4
CIENA CORPCIEN
SMITH ARTHUR D
CHIEF OPERATING OFFICER
Transactions
- Tax Payment
Common Stock
2009-10-31$11.73/sh−455$5,337→ 240,443 total
Footnotes (2)
- [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 term and shares are issued net of taxes upon vesting. Acquisition of the RSU was previously reported in Table 1 of reporting person's Form 4 filed on November 3, 2005.
- [F2]Shares reported include unvested Restricted Stock Units (RSUs).