James Denson Wilson Jr - 02 Sep 2021 Form 4 Insider Report for ADTRAN INC (ADTN)

Role: Chief Revenue Officer
Signature: Michael Foliano, by power of attorney
Issuer symbol: ADTN
Transactions as of: 02 Sep 2021
Transactions value $: $2,680
Form type: 4
Filing time: 07 Sep 2021, 16:48:39 UTC
Previous filing: 07 Jun 2021
Next filing: 12 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADTN	Common Stock	Award	$844	+40.7	+0.1%	$20.72	41.2K	02 Sep 2021	Direct	F1
transaction	ADTN	Common Stock	Award	$316	+16.8	+0.41%	$18.84	4.06K	02 Sep 2021	401(k) Plan	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ADTN	Phantom Stock	Award	$1.52K	+73.9	+0.44%	$20.56	17K	02 Sep 2021	Common Stock	73.9		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares acquired through the automatic reinvestment of dividends paid on the Company's common stock.
F2	Each share of phantom stock represents a right to receive one share of common stock at the cash value thereof.
F3	The phantom stock becomes payable six months after the reporting person's separation of service with the Company. The reporting person may transfer the phantom stock account into an alternative investment at any time.