At Ciena’s 2024 Annual Meeting of Stockholders on March 21, 2024, Ciena’s stockholders approved an amendment to the Ciena Corporation 2017 Omnibus Incentive Plan (the “2017 Plan”), effective as of such date, to (i) increase the number of shares available for issuance thereunder by 10.1 million shares, and (ii) increase the recoupment period for misconduct relating to accounting restatements from 12 months to three years. As of July 27, 2024, the total number of shares authorized for issuance under the 2017 Plan is 31.2 million and approximately 10.9 million shares remained available for issuance thereunder.


	Quarter Ended				Nine Months Ended
	July 27,		July 29,		July 27,		July 29,
	2024		2023		2024		2023
Products	$	1,660	$	1,118	$	4,738	$	3,324
Services	3,122		2,687		9,486		7,643
Share-based compensation expense included in cost of goods sold	4,782		3,805		14,224		10,967
Research and development	13,118		10,954		40,064		30,919
Selling and marketing	10,315		8,770		31,786		25,949
General and administrative	9,257		9,377		29,211		27,313

Share-based compensation expense included in operating expense	32,690		29,101		101,061		84,181
Share-based compensation expense capitalized in inventory, net	(114)		127		148		257
Total share-based compensation expense	$	37,358	$	33,033	$	115,433	$	95,405

As of July 27, 2024, total unrecognized share-based compensation expense was approximately $251.9 million, which relates to unvested stock unit awards and is expected to be recognized over a weighted-average period of 1.4 years.