SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HJARTARSON GUDMUNDUR

(Last) (First) (Middle)
1201 WINTERSON ROAD

(Street)
LINTHICUM MD 21090

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CIENA CORP [ CIEN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr VP and GM Broadband Access
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/03/2004 M 143,279 A $0.3 715,159 D
Common Stock 09/03/2004 M 42 A $0.3 715,201 D
Common Stock 09/03/2004 M 106,679 A $0.3 821,880 D
Common Stock 09/03/2004 S 250,000 D $1.7979 571,880 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $0.3 09/03/2004 M 143,279 01/29/2002(1) 01/28/2012 Common Stock 143,279 $0 78,571 D
Employee Stock Option (right to buy) $0.3 09/03/2004 M 42 01/29/2003(2) 01/28/2013 Common Stock 42 $0 56 D
Employee Stock Option (right to buy) $0.3 09/03/2004 M 106,679 07/23/2003(3) 07/23/2013 Common Stock 106,679 $0 1,054,655 D
Explanation of Responses:
1. These options were inssued 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 the same terms and conditions as in effect immediately prior to the effective time of the merger, these options will vest over forty-eight months from the grant date of 1/29/2002.
2. These options were inssued 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 the same terms and conditions as in effect immediately prior to the effective time of the merger, these options will vest over forty-eight months from the grant date of 1/29/2003.
3. These options were inssued 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 the same terms and conditions as in effect immediately prior to the effective time of the merger, these options will vest over forty-eight months from the grant date of 7/23/2003.
/s/Gudmundur Hjartarson/Anita Weiskerger per POA 09/07/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.