0001144204-13-015998.txt : 20130319 0001144204-13-015998.hdr.sgml : 20130319 20130319092007 ACCESSION NUMBER: 0001144204-13-015998 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20130319 DATE AS OF CHANGE: 20130319 GROUP MEMBERS: CITADEL ADVISORS HOLDINGS LP GROUP MEMBERS: CITADEL INVESTMENT GROUP II, L.L.C. GROUP MEMBERS: KENNETH GRIFFIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CIENA CORP CENTRAL INDEX KEY: 0000936395 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 232725311 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-54195 FILM NUMBER: 13699982 BUSINESS ADDRESS: STREET 1: 7035 RIDGE ROAD CITY: HANOVER STATE: MD ZIP: 21076 BUSINESS PHONE: 4108658500 MAIL ADDRESS: STREET 1: 7035 RIDGE ROAD CITY: HANOVER STATE: MD ZIP: 21076 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CITADEL ADVISORS LLC CENTRAL INDEX KEY: 0001423053 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O CITADEL LLC STREET 2: 131 S. DEARBORN ST., 32ND FLOOR CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 312-395-2100 MAIL ADDRESS: STREET 1: C/O CITADEL LLC STREET 2: 131 S. DEARBORN ST., 32ND FLOOR CITY: CHICAGO STATE: IL ZIP: 60603 SC 13G 1 v338533_sc13g.htm SC 13G

 

 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 
SCHEDULE 13G
(Rule 13d-102)
 
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No.      )*
 
 
Ciena Corporation
(Name of Issuer)
 
Common stock, par value $0.01 per share
(Title of Class of Securities)
 
 
171779309
(CUSIP Number)
 
 
March 12, 2013
Date of Event Which Requires Filing of the Statement

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o Rule 13d-1(b)

x Rule 13d-1(c)

o Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 
 

Cusip No.  171779309 13G Page 2 of 10 Pages

 

 

1.

 

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Advisors LLC

 

2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   o
(b)   o

 

3.

 

SEC USE ONLY

 

 

4.

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

5.

 

SOLE VOTING POWER

0

 

6.

 

SHARED VOTING POWER

 

4,683,729 shares

 

 

7.

 

SOLE DISPOSITIVE POWER

0

 

8.

 

 

SHARED DISPOSITIVE POWER

See Row 6 above

 

9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above

 

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.6%1

 

12.

 

 

TYPE OF REPORTING PERSON

IA; OO; HC

 


1The percentages reported in this Schedule 13G are based upon 101,944,056 shares outstanding (composed of (i) 101,527,083 shares of common stock outstanding as of March 8, 2013 (according to the Form 10-Q filed by the issuer with the Securities and Exchange Commission on March 13, 2013), and (ii) 416,973 shares of common stock issuable upon the conversion of certain convertible bonds owned by the Reporting Persons.

 

 
 

Cusip No.  171779309 13G Page 3 of 10 Pages

 

 

1.

 

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Advisors Holdings LP

 

2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   o
(b)   o

 

3.

 

SEC USE ONLY

 

 

4.

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

5.

 

SOLE VOTING POWER

0

 

6.

 

SHARED VOTING POWER

 

4,908,899 shares

 

 

7.

 

SOLE DISPOSITIVE POWER

0

 

8.

 

 

SHARED DISPOSITIVE POWER

See Row 6 above

 

9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above

 

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.8%

 

12.

 

 

TYPE OF REPORTING PERSON

PN; HC

 

 

 
 

Cusip No.  171779309 13G Page 4 of 10 Pages

 

 

 

1.

 

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Investment Group II, L.L.C.

 

2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   o
(b)   o

 

3.

 

SEC USE ONLY

 

 

4.

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

5.

 

SOLE VOTING POWER

0

 

6.

 

SHARED VOTING POWER

 

5,176,851 shares

 

 

7.

 

SOLE DISPOSITIVE POWER

0

 

8.

 

 

SHARED DISPOSITIVE POWER

See Row 6 above.

 

9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.1%

 

12.

 

 

TYPE OF REPORTING PERSON

OO; HC

 

 
 

Cusip No.  171779309 13G Page 5 of 10 Pages

 

 

1.

 

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Kenneth Griffin

 

2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   o
(b)   o

 

3.

 

SEC USE ONLY

 

 

4.

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S. Citizen

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

 

5.

 

SOLE VOTING POWER

0

 

6.

 

SHARED VOTING POWER

 

5,176,851 shares

 

 

7.

 

SOLE DISPOSITIVE POWER

0

 

8.

 

 

SHARED DISPOSITIVE POWER

See Row 6 above

 

9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above

 

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

o

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.1%

 

12.

 

 

TYPE OF REPORTING PERSON

IN; HC

 

 

 
 

Cusip No.  171779309 13G Page 6 of 10 Pages

 

Item 1(a) Name of Issuer
  Ciena Corporation
   
Item 1(b) Address of Issuer’s Principal Executive Offices
  7035 Ridge Road, Hanover, MD  21076
   
Item 2(a) Name of Person Filing
  This Schedule 13G is being jointly filed by Citadel Advisors LLC (“Citadel Advisors”), Citadel Advisors Holdings LP (“CAH”), Citadel Investment Group II, L.L.C. (“CIG-II”) and Mr. Kenneth Griffin (collectively with Citadel Advisors, CAH and CIG-II, the “Reporting Persons”) with respect to shares of common stock (and options to purchase and/or other securities convertible in common stock) of the above-named issuer owned by Citadel Global Equities Master Fund Ltd., a Cayman Islands limited company (“CG”), Citadel Equity Fund Ltd., a Cayman Islands limited company (“CEF”), Citadel Quantitative Strategies Master Fund Ltd., a Cayman Islands limited company (“CQ”), Citadel Global Equities Alpha Select Master Fund Ltd., a Cayman Islands limited company (“CG-Alpha”), certain segregated accounts and Citadel Securities LLC, a Delaware limited liability company (“Citadel Securities”).
   
  Citadel Advisors is the portfolio manager for CG, CEF and CG-Alpha, and the investment manager for certain segregated accounts.  Citadel Advisors II LLC, a Delaware limited liability company (“CA-II”), is the portfolio manager of CQ.  CAH is the managing member of Citadel Advisors and CA-II.  Citadel Holdings I LP, a Delaware limited partnership (“CH-I”), is the non-member manager of Citadel Securities.  CIG-II is the general partner of CH-I and CAH.  Mr. Griffin is the President and Chief Executive Officer of, and owns a controlling interest in, CIG-II.
   
  The filing of this statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by the statement other than the securities actually owned by such person (if any).
   
Item 2(b) Address of Principal Business Office
  The address of the principal business office of each of the Reporting Persons is c/o Citadel LLC, 131 S. Dearborn Street, 32nd Floor, Chicago, Illinois 60603.
   
Item 2(c) Citizenship
  Each of Citadel Advisors and CIG-II is organized as a limited liability company under the laws of the State of Delaware.  CAH is organized as a limited partnership under the laws of the State of Delaware.  Mr. Griffin is a U.S. citizen.
   
   
Item 2(d) Title of Class of Securities
  Common stock, $0.01 par value
   
Item 2(e) CUSIP Number
  171779309

 

 
 

Cusip No.  171779309 13G Page 7 of 10 Pages

 

Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

  (a) o Broker or dealer registered under Section 15 of the Exchange Act;
       
  (b) o Bank as defined in Section 3(a)(6) of the Exchange Act;
       
  (c) o Insurance company as defined in Section 3(a)(19) of the Exchange Act;
       
  (d) o Investment company registered under Section 8 of the Investment Company Act;
       
  (e) o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
       
  (f) o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
       
  (g) o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
       
  (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
       
  (i) o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
       
  (j) o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____________.

 

Item 4 Ownership

 

A.Citadel Advisors LLC

 

(a)Citadel Advisors may be deemed to beneficially own 4,683,729 shares of Common Stock.

 

(b)The number of shares Citadel Advisors may be deemed to beneficially own constitutes approximately 4.6% of the Common Stock outstanding.

 

(c)Number of shares as to which such person has:

 

(i)sole power to vote or to direct the vote: 0

 

(ii)shared power to vote or to direct the vote: 4,683,729

 

(iii)sole power to dispose or to direct the disposition of: 0

 

(iv)shared power to dispose or to direct the disposition of: 4,683,729

 

 
 

Cusip No.  171779309 13G Page 8 of 10 Pages

  

B.Citadel Advisors Holding LP

 

(a)CAH may be deemed to beneficially own 4,908,899 shares of Common Stock.

 

(b)The number of shares CAH may be deemed to beneficially own constitutes approximately 4.8% of the Common Stock outstanding.

 

(c)Number of shares as to which such person has:

 

(i)sole power to vote or to direct the vote: 0

 

(ii)shared power to vote or to direct the vote: 4,908,899

 

(iii)sole power to dispose or to direct the disposition of: 0

 

(iv)shared power to dispose or to direct the disposition of: 4,908,899

 

C.Citadel Investment Group II, L.L.C. and Kenneth Griffin

 

(a)CIG-II and Griffin may be deemed to beneficially own 5,176,851 shares of Common Stock.

 

(b)The number of shares CIG-II and Griffin may be deemed to beneficially own constitutes approximately 5.1% of the Common Stock outstanding.

 

(c)Number of shares as to which such person has:

 

(i)sole power to vote or to direct the vote: 0

 

(ii)shared power to vote or to direct the vote: 5,176,851

 

(iii)sole power to dispose or to direct the disposition of: 0

 

(iv)shared power to dispose or to direct the disposition of: 5,176,851

 

Item 5 Ownership of Five Percent or Less of a Class
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following o.
   
Item 6 Ownership of More than Five Percent on Behalf of Another Person
  Not Applicable
   
Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company
  See Item 2 above
   
Item 8 Identification and Classification of Members of the Group
  Not Applicable

 

 
 

Cusip No.  171779309 13G Page 9 of 10 Pages

 

   
Item 9 Notice of Dissolution of Group
  Not Applicable
   
Item 10 Certification
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 
 

Cusip No.  171779309 13G Page 10 of 10 Pages

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated this 19th day of March, 2013.

 

 

CITADEL ADVISORS LLC   CITADEL ADVISORS HOLDINGS LP  
           
By: Citadel Advisors Holdings LP,   By: Citadel Investment Group II, L.L.C.,  
  its Managing Member     its General Partner  
           
By: Citadel Investment Group II, L.L.C.,   By: /s/ Mark Polemeni  
  its General Partner     Mark Polemeni, Authorized Signatory  
           
By: /s/ Mark Polemeni        
  Mark Polemeni, Authorized Signatory        
           

 

CITADEL INVESTMENT GROUP II, L.L.C.   KENNETH GRIFFIN  
           
By: /s/ Mark Polemeni   By: /s/ Mark Polemeni  
  Mark Polemeni, Authorized Signatory     Mark Polemeni, attorney-in-fact*  

 

 


*Mark Polemeni is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission on January 18, 2013, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Advisors LLC on Schedule 13G for TiVo Inc.

 

 

 

 

EX-99.1 2 v338533_ex99-1.htm EX-99.1

 

EXHIBIT 99.1

 

JOINT FILING AGREEMENT

 

The undersigned hereby agree that the Statement on Schedule 13G filed herewith (and any amendments thereto), relating to the Common Stock of Ciena Corporation, a Delaware corporation, is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(c) under the Securities Exchange Act of 1934, as amended, on behalf of each of the undersigned.

 

This Agreement may be executed in counterparts and each of such counterparts taken together shall constitute one and the same instrument.

 

Dated this 19th day of March, 2013.

 

 

CITADEL ADVISORS LLC   CITADEL ADVISORS HOLDINGS LP  
           
By: Citadel Advisors Holdings LP,   By: Citadel Investment Group II, L.L.C.,  
  its Managing Member     its General Partner  
           
By: Citadel Investment Group II, L.L.C.,   By: /s/ Mark Polemeni  
  its General Partner     Mark Polemeni, Authorized Signatory  
           
By: /s/ Mark Polemeni        
  Mark Polemeni, Authorized Signatory        
           

 

CITADEL INVESTMENT GROUP II, L.L.C.   KENNETH GRIFFIN  
           
By: /s/ Mark Polemeni   By: /s/ Mark Polemeni  
  Mark Polemeni, Authorized Signatory     Mark Polemeni, attorney-in-fact*  

 


*Mark Polemeni is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission on January 18, 2013, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Advisors LLC on Schedule 13G for TiVo Inc.