CIENA CORP 4
4 · CIENA CORP · Filed Dec 22, 2004
Insider Transaction Report
Form 4
CIENA CORPCIEN
HJARTARSON GUDMUNDUR
SrVP and GM Broadband Access
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2004-12-20$0.30/sh−250,000$75,000→ 804,655 totalExercise: $0.30From: 2003-07-23Exp: 2013-07-23→ Common Stock (250,000 underlying) - Sale
Common Stock
2004-12-20$2.75/sh−250,000$686,550→ 571,880 total - Exercise/Conversion
Common Stock
2004-12-20$0.30/sh+250,000$75,000→ 821,880 total
Footnotes (1)
- [F1]These options were issued pursuant to the terms of the merger between Catena and Ciena upon conversion of an option granted under the Catena 1998 Equity Incentive Plan and such option to have been the same terms and conditions as in effect immediately prior to the effective time of the merger, these option will vest over forty-eight months from the grant date of 7/23/2003.