SMITH GARY B sold CIEN
January 16, 2024 · Form 4 insider transaction
SMITH GARY B sold 4,166 shares of Ciena Corporation at $50.56 per share, a transaction worth $210.6K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
4,166
Price
$50.56
Total value
$210.6K
InsiderSMITH GARY B
Role—
CompanyCiena Corporation (CIEN)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJanuary 16, 2024
Filing dateJanuary 17, 2024
Shares owned after494,844
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
Sales were effected pursuant to Rule 10b5-1 trading plan dated 03/11/2023; Reflects the weighted average sales price with transactions in a range of sales from $49.98 to $50.95. Upon request by the SEC, full information regarding the number of shares sold at each separate sales price will be provided.; Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).