Last updated: 1 April 2024 at 2:39pm EST

Patrick Nettles Net Worth




The estimated Net Worth of Patrick H Nettles is at least $23.1 Million dollars as of 3 August 2020. Patrick Nettles owns over 20,000 units of CIENA stock worth over $13,362,363 and over the last 21 years he sold CIEN stock worth over $9,330,132. In addition, he makes $373,785 as Executive Chairman of the Board at CIENA.

Patrick Nettles CIEN stock SEC Form 4 insiders trading

Patrick has made over 28 trades of the CIENA stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 20,000 units of CIEN stock worth $1,203,000 on 3 August 2020.

The largest trade he's ever made was exercising 1,750,000 units of CIENA stock on 7 June 2006 worth over $2,012,500. On average, Patrick trades about 15,232 units every 48 days since 2003. As of 3 August 2020 he still owns at least 250,701 units of CIENA stock.

You can see the complete history of Patrick Nettles stock trades at the bottom of the page.





Patrick Nettles biography

Dr. Patrick H. Nettles Ph.D. serves as Executive Chairman of the Board of the Company., serves as Executive Chairman of the Board of Ciena Corporation. He has served as a Director of Ciena since April 1994 and as Executive Chairman of the Board of Directors since May 2001. From October 2000 to May 2001, Dr. Nettles was Chairman of the Board of Directors and Chief Executive Officer of Ciena, and he was President and Chief Executive Officer from April 1994 to October 2000. Dr. Nettles serves as a Trustee for the California Institute of Technology and the Georgia Tech Foundation, Inc. Dr. Nettles also serves on the board of directors of The Progressive Corporation, a publicly traded company. Dr. Nettles previously served on the boards of directors of Axcelis Technologies, Inc., where he was independent chairman of the board, Apptrigger, Inc., which was formerly known as Carrius Technologies, Inc., and Optiwind Corp.

What is the salary of Patrick Nettles?

As the Executive Chairman of the Board of CIENA, the total compensation of Patrick Nettles at CIENA is $373,785. There are 12 executives at CIENA getting paid more, with Gary Smith having the highest compensation of $11,016,400.



How old is Patrick Nettles?

Patrick Nettles is 76, he's been the Executive Chairman of the Board of CIENA since 2001. There are 1 older and 23 younger executives at CIENA. The oldest executive at CIENA Corp. is Dr. Patrick H. Nettles, 78, who is the Exec. Chairman.

What's Patrick Nettles's mailing address?

Patrick's mailing address filed with the SEC is C/O CIENA CORPORATION, 7035 RIDGE RD., HANOVER, MD, 21076-1426.

Insiders trading at CIENA

Over the last 21 years, insiders at CIENA have traded over $213,933,156 worth of CIENA stock and bought 67,500 units worth $272,750 . The most active insiders traders include Devinder Kumar, Gary B Smith, and Don H Jr Davis. On average, CIENA executives and independent directors trade stock every 4 days with the average trade being worth of $383,227. The most recent stock trade was executed by Joseph Cumello on 15 August 2024, trading 1,289 units of CIEN stock currently worth $67,569.



What does CIENA do?

ciena corporation is a global manufacturer of communications network equipment and solutions, with expertise in packet-optical transport, packet-optical switching, carrier ethernet, and network support services. many of the world’s largest carriers and service providers have deployed ciena solutions in their network; including at&t, bt, cable & wireless, centurylink, comcast, france telecom, korea telecom, sprint, reliance, southern cross, tata communications, telecom argentina, telmex, virgin media and verizon. ciena also counts numerous national research and education networks as customers, as well as enterprises in the healthcare, finance, transportation and retail industries for real-time, latency sensitive applications such as disaster recovery/business continuity, san/lan extension, data center consolidation and grid computing. we specialize in helping customers transition to service driven networks that fundamentally change the way they compete. with expertise in optical a



What does CIENA's logo look like?

CIENA Corp. logo

Complete history of Patrick Nettles stock trades at Axcelis Technologies Inc, CIENA, and Progressive

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
3 Aug 2020 Patrick H Nettles
Executive Chairman
Sale 20,000 $60.15 $1,203,000
3 Aug 2020
250,701
27 Jul 2020 Patrick H Nettles
Executive Chairman
Sale 20,000 $58.61 $1,172,200
27 Jul 2020
270,701
20 Jul 2020 Patrick H Nettles
Executive Chairman
Sale 20,000 $54.16 $1,083,200
20 Jul 2020
290,701
13 Jul 2020 Patrick H Nettles
Executive Chairman
Sale 20,000 $54.66 $1,093,200
13 Jul 2020
310,701
10 Jul 2020 Patrick H Nettles
Executive Chairman
Sale 20,000 $54.74 $1,094,800
10 Jul 2020
330,701
27 Mar 2019 Patrick H Nettles
Executive Chairman
Sale 5,000 $37.03 $185,150
27 Mar 2019
342,994
20 Mar 2019 Patrick H Nettles
Executive Chairman
Sale 15,000 $37.95 $569,250
20 Mar 2019
347,994
13 Mar 2019 Patrick H Nettles
Executive Chairman
Sale 15,000 $39.54 $593,100
13 Mar 2019
363,865
6 Mar 2019 Patrick H Nettles
Executive Chairman
Sale 15,000 $39.98 $599,700
6 Mar 2019
378,865
27 Feb 2019 Patrick H Nettles
Executive Chairman
Sale 15,000 $42.91 $643,650
27 Feb 2019
393,865
20 Feb 2019 Patrick H Nettles
Executive Chairman
Sale 15,000 $42.21 $633,150
20 Feb 2019
408,865
26 Mar 2018 Patrick H Nettles
Executive Chairman
Sale 1,972 $25.83 $50,937
26 Mar 2018
416,239
21 Mar 2018 Patrick H Nettles
Executive Chairman
Sale 1,625 $26.58 $43,193
21 Mar 2018
418,211
21 Mar 2017 Patrick H Nettles
Executive Chairman
Sale 2,519 $23.95 $60,330
21 Mar 2017
411,781
21 Mar 2017 Patrick H Nettles
Executive Chairman
Sale 2,519 $23.95 $60,330
21 Mar 2017
411,781
21 Mar 2014 Patrick H Nettles
Executive Chairman
Sale 2,164 $24.23 $52,434
21 Mar 2014
393,791
15 Apr 2013 Patrick H Nettles
Executive Chairman
Sale 573 $16.19 $9,277
15 Apr 2013
395,955
22 Mar 2013 Patrick H Nettles
Executive Chairman
Sale 1,337 $16.16 $21,606
22 Mar 2013
396,528
17 Apr 2012 Patrick H Nettles
Executive Chairman
Sale 698 $16.19 $11,301
17 Apr 2012
388,531
27 Mar 2012 Patrick H Nettles
Executive Chairman
Sale 1,939 $16.02 $31,063
27 Mar 2012
389,077
26 Mar 2012 Patrick H Nettles
Executive Chairman
Sale 601 $16.06 $9,652
26 Mar 2012
391,016
15 Apr 2011 Patrick H Nettles
Executive Chairman
Sale 691 $26.70 $18,450
15 Apr 2011
383,339
23 Mar 2011 Patrick H Nettles
Executive Chairman
Sale 1,855 $23.41 $43,426
23 Mar 2011
383,054
26 Mar 2010 Patrick H Nettles
Executive Chairman
Sale 1,876 $15.30 $28,703
26 Mar 2010
374,660
25 Mar 2009 Patrick H Nettles
Executive Chairman
Sale 2,475 $7.69 $19,033
25 Mar 2009
376,536
7 Jun 2006 Patrick H Nettles
Executive Chairman
Option 1,750,000 $1.15 $2,012,500
7 Jun 2006
4,204,261
2 Jul 2007 Patrick H Nettles
Director
Option 641 $23.52 $15,076
2 Jul 2007
7,265
28 Aug 2003 Patrick H Nettles
Director
Buy 11,500 $8.70 $100,050
28 Aug 2003
11,500


CIENA executives and stock owners

CIENA executives and other stock owners filed with the SEC include: