James Denson Wilson Jr - Sep 2, 2021 Form 4 Insider Report for ADTRAN INC (ADTN)

Role
Chief Revenue Officer
Signature
Michael Foliano, by power of attorney
Stock symbol
ADTN
Transactions as of
Sep 2, 2021
Transactions value $
$2,680
Form type
4
Date filed
9/7/2021, 04:48 PM
Previous filing
Jun 7, 2021
Next filing
Nov 12, 2021

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 Sep 2, 2021 Direct F1
transaction ADTN Common Stock Award $316 +16.8 +0.41% $18.84 4.06K Sep 2, 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 Sep 2, 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.