Thomas R. Stanton - Jul 13, 2022 Form 4 Insider Report for ADTRAN Holdings, Inc. (ADTN)

Role
Chairman, CEO and President, Director
Signature
Michael Foliano, by power of attorney
Stock symbol
ADTN
Transactions as of
Jul 13, 2022
Transactions value $
$0
Form type
4
Date filed
7/15/2022, 05:22 PM
Previous filing
Jul 8, 2022
Next filing
Aug 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADTN Common Stock Award $0 +204K +32.03% $0.00 842K Jul 13, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs") with 75% vesting in 24 months, 6.25% vesting in 27 months, 6.25% vesting in 30 months, 6.25% vesting in 33 months and 6.25% vesting in 36 months following the date of grant.
F2 Includes 648,483 time-based RSUs that settle upon vesting in shares of the Issuer's common stock.