Hourigan Rice Jacqueline - 31 Dec 2021 Form 4/A - Amendment Insider Report for ADTRAN INC (ADTN)

Role
Director
Signature
Michael Foliano, by power of attorney
Issuer symbol
ADTN
Transactions as of
31 Dec 2021
Net transactions value
-$10.87
Form type
4/A - Amendment
Filing time
24 Jan 2022, 14:01:07 UTC
Date Of Original Report
04 Jan 2022
Previous filing
02 Dec 2021
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADTN Common Stock Other $0 +6,094 +21% $0.000000 35,219 31 Dec 2021 As Trustee F1
transaction ADTN Common Stock Options Exercise +114 +0.33% 35,333 31 Dec 2021 As Trustee F2, F3
transaction ADTN Common Stock Disposed to Issuer $10.87 -0 -0% $22.83 35,333 31 Dec 2021 As Trustee F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is filing this amendment to correct the number of shares of the Company's common stock beneficially owned after the reported transaction. The previous reported total was 41,313 shares of the Company's common stock.
F2 Settlement of dividend equivalent rights in connection with lapse of restriction on restricted stock. The rights accrued when and as dividends were paid on the Company's common stock and are paid in whole shares of common stock with the remainder paid in cash. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
F3 The reporting person is filing this amendment to correct the number of shares of the Company's common stock beneficially owned after the reported transaction. The previous reported total was 41,427.476 shares of the Company's common stock.
F4 The reporting person is filing this amendment to correct the number of shares of the Company's common stock beneficially owned after the reported transaction. The previous reported total was 41,427 shares of the Company's common stock.