Ciena Corporation
Ciena Corporation Amends 2017 Omnibus Incentive Plan
Summary
On March 21, 2024, Ciena Corporation's stockholders approved an amendment to the 2017 Omnibus Incentive Plan, increasing the number of shares available for issuance by 10.1 million and extending the recoupment period for misconduct from 12 months to three years. The amendment was approved by a majority vote at the company's annual meeting. Additionally, the stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for fiscal 2024 and approved an amendment to the Certificate of Incorporation for officer exculpation.
Profitelligence Alerts
Get alerts for CIEN
Be first to know when Ciena Corporation files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Ciena Corporation
Ciena Corporation is a prominent player in the telecommunications equipment and network strategy sector. The company primarily focuses on providing solutions that facilitate high-capacity, adaptable networking through optical communications. Ciena's offerings include networking systems, services, and software, expertly designed to enhance the performance of communication networks globally. These solutions serve key industries such as telecommunications, cable, and enterprise businesses, enabling them to manage and optimize vast volumes of data traffic efficiently. By deploying Ciena's technology, organizations can improve network reliability, scalability, and speed, addressing the ever-growing demand for seamless data connectivity and communication. Headquartered in Hanover, Maryland, Ciena Corporation plays a critical role in the market as it adapts to technological advancements and trends such as 5G, cloud migration, and the increasing necessity for robust digital infrastructure. Through its pioneering developments, Ciena continues to contribute to the transformation of global communication networks.
Official SEC Documents
Advertisement