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GRUBER & MCBAINE CAPITAL MANAGEMENT LLC
> CIEN
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2015 | CIENA CORP | CIEN | 140,000 | 140,000 | 3,315,000 | 3,315,000 | $23.68 |
| 03/31/2015 | CIENA CORP | CIEN | 60,000 | 60,000 | 1,159,000 | 1,159,000 | $19.32 |
| 12/31/2014 | CIENA CORP | CIEN | 60,000 | 60,000 | 1,165,000 | 1,165,000 | $19.42 |
| 09/30/2014 | CIENA CORP | CIEN | 25,000 | 25,000 | 598,000 | 598,000 | $23.92 |
| 06/30/2014 | CIENA CORP | CIEN | 60,000 | 35,000 | 1,300,000 | 702,000 | $21.67 |
| 03/31/2014 | CIENA CORP | CIEN | 55,000 | 30,000 | 1,251,000 | 653,000 | $22.75 |
| 12/31/2013 | CIENA CORP | CIEN | 25,000 | 25,000 | 598,000 | 598,000 | $23.92 |
| 12/31/2012 | CIENA CORP | CIEN | 0 | -130,000 | 0 | -1,768,000 | |
| 09/30/2012 | CIENA CORP | CIEN | 130,000 | -77,050 | 1,768,000 | -1,621,000 | $13.60 |
| 06/30/2012 | CIENA CORP | CIEN | 207,050 | 7,050 | 3,389,000 | 151,000 | $16.37 |
| 03/31/2012 | CIENA CORP | CIEN | 200,000 | 50,000 | 3,238,000 | 1,423,000 | $16.19 |
| 12/31/2011 | CIENA CORP | CIEN | 150,000 | 0 | 1,815,000 | 135,000 | $12.10 |
| 09/30/2011 | CIENA CORP | CIEN | 150,000 | -74,950 | 1,680,000 | -2,455,000 | $11.20 |
| 06/30/2011 | CIENA CORP | CIEN | 224,950 | -50 | 4,135,000 | -1,706,000 | $18.38 |
| 03/31/2011 | CIENA CORP | CIEN | 225,000 | 125,000 | 5,841,000 | 4,757,000 | $25.96 |
| 03/31/2010 | CIENA CORP | CIEN | 0 | -100,000 | 0 | -1,084,000 | |
| 12/31/2009 | CIENA CORP | CIEN | 100,000 | 100,000 | 1,084,000 | 1,084,000 | $10.84 |
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