Form Type: 4

SEC EDGAR Link
Accession Number:0001215181-22-000018
Date:2022-12-13
Issuer: CIENA CORP (CIEN)
Original Submission Date:

Reporting Person:

MOYLAN JAMES E JR
C/O CIENA CORPORATION
7035 RIDGE RD. HANOVER, MD 21076-1426

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2022-12-13 A 9,994 a $0.00 224,486 direct
COMMON STOCK 2022-12-13 M 6,638 a $0.00 231,124 direct
COMMON STOCK 2022-12-13 A 30,526 a $0.00 261,650 direct
COMMON STOCK 2022-12-13 0 $0.00 108,043 indirect f6
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
MARKET STOCK UNITS (2022) 0.0 2022-12-13 deemed execution date M 9,621 (d) common stock 9,621 $0.00 0 direct
Footnotes
IDfootnote
f1 reflects the number of stock units earned pursuant to the terms of a performance stock unit (psu) award granted on december 14, 2021 reflecting the achievement of the related performance conditions. these shares vest in equal 1/2 amounts on each of december 20, 2022 and 2023.
f2 shares reported include unvested restricted stock units (rsus), performance stock units (psus), and market stock units (msus).
f3 reflects the number of stock units earned pursuant to the terms of a market stock unit (msu) award granted on december 17, 2019 reflecting the level of achievement of the applicable total shareholder return (tsr) performance conditions. these shares vest on december 20, 2022.
f4 each msu will convert on the vesting date into common stock pursuant to the terms of the msu award.
f5 reflects restricted stock units (rsus) that vest over four years, with one-sixteenth of the grant amount vesting on march 20, june 20, september 20, and december 20 of each year, commencing on march 20, 2023.
f6 the beneficiary of the trust is the reporting person's spouse. the reporting person disclaims beneficial ownership of the securities held by the trust.
f7 each msu represents the contingent right to receive, following vesting, between 0% and 200% of one share of the issuer's common stock, subject to the level of achievement of applicable tsr performance conditions over a three-year period from fiscal 2020 through fiscal 2022.
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