Patrick H. Nettles
Net Worth
Last updated:
What is Patrick H. Nettles net worth?
The estimated net worth of Dr. Patrick H. Nettles is at least $37,833,354 as of 3 Aug 2020. He owns shares worth $23,437,485 as insider, has earned $11,310,649 from insider trading and has received compensation worth at least $3,085,220 in Ciena Corporation.
What is the salary of Patrick H. Nettles?
Dr. Patrick H. Nettles salary is $162,380 per year as Executive Chairman in Ciena Corporation.
How old is Patrick H. Nettles?
Dr. Patrick H. Nettles is 82 years old, born in 1943.
What stocks does Patrick H. Nettles currently own?
As insider, Dr. Patrick H. Nettles owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Ciena Corporation (CIEN) | Executive Chairman | 265,701 | $88.21 | $23,437,485 |
What does Ciena Corporation do?
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.
Patrick H. Nettles insider trading
Ciena Corporation
Dr. Patrick H. Nettles has made 27 insider trades between 2006-2020, according to the Form 4 filled with the SEC. Most recently he sold 20,000 units of CIEN stock worth $1,202,900 on 3 Aug 2020.
The largest trade he's ever made was exercising 1,750,000 units of CIEN stock on 7 Jun 2006. As of 3 Aug 2020 he still owns at least 265,701 units of CIEN stock.
Ciena key executives
Ciena Corporation executives and other stock owners filed with the SEC:
- Dr. Patrick H. Nettles (82) Executive Chairman
- Mr. David M. Rothenstein (57) Senior Vice President, Gen. Counsel & Sec.
- Mr. Gary B. Smith (65) Chief Executive Officer, Pres & Director
- Mr. James E. Moylan Jr. (74) Senior Vice President of Fin. & Chief Financial Officer
- Mr. Jason M. Phipps (53) Senior Vice President of Global Customer Engagement
- Mr. Scott Alexander McFeely (61) Senior Vice President of Global Products & Services