James Denson Wilson Jr - Jun 2, 2022 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
Jun 2, 2022
Transactions value $
$4,198
Form type
4
Date filed
6/6/2022, 06:03 PM
Previous filing
Mar 9, 2022
Next filing
Jul 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADTN Common Stock Award $325 +18.1 +0.44% $17.98 4.12K Jun 2, 2022 401(k) Plan F1
transaction ADTN Common Stock Award $2.33K +121 +0.22% $19.33 54K Jun 3, 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 Phantom Stock Award $1.54K +80.2 +0.47% $19.21 17.2K Jun 2, 2022 Common Stock 80.2 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.