Gregory James McCray - 02 Jun 2022 Form 4 Insider Report for ADTRAN INC (ADTN)

Role
Director
Signature
Michael Foliano, by power of attorney
Issuer symbol
ADTN
Transactions as of
02 Jun 2022
Net transactions value
+$1,047
Form type
4
Filing time
06 Jun 2022, 17:55:41 UTC
Previous filing
27 May 2022
Next filing
11 Jul 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 Award $692 +36 +0.17% $19.33 21,606 03 Jun 2022 Direct 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 Dividend Equivalent Rights Award $355 +18 +103% $19.69 36 02 Jun 2022 Common Stock 18 Direct F2
* 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 Dividend equivalent rights accrue when and as dividends are paid on the Company's common stock. The rights are paid in whole shares of common stock with the remainder paid in cash upon vesting of restricted stock units. Each dividend equivalent right is the equivalent of one share of the Company's common stock.