| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ADTN | Common Stock | Options Exercise | $100K | +5.27K | +3.99% | $18.97 | 138K | Aug 11, 2022 | Direct | |
| transaction | ADTN | Common Stock | Sale | -$127K | -5.27K | -3.83% | $24.17 | 132K | Aug 11, 2022 | Direct | F1 |
| transaction | ADTN | Common Stock | Options Exercise | $96K | +6.26K | +4.73% | $15.33 | 139K | Aug 11, 2022 | Direct | |
| transaction | ADTN | Common Stock | Sale | -$151K | -6.26K | -4.52% | $24.17 | 132K | Aug 11, 2022 | Direct | F1 |
| transaction | ADTN | Common Stock | Options Exercise | $375K | +19.8K | +14.95% | $18.97 | 152K | Aug 11, 2022 | Direct | |
| transaction | ADTN | Common Stock | Sale | -$478K | -19.8K | -13.01% | $24.18 | 132K | Aug 11, 2022 | Direct | F2 |
| transaction | ADTN | Common Stock | Options Exercise | $192K | +12.5K | +9.47% | $15.33 | 145K | Aug 11, 2022 | Direct | |
| transaction | ADTN | Common Stock | Sale | -$303K | -12.5K | -8.65% | $24.18 | 132K | Aug 11, 2022 | Direct | F2 |
| transaction | ADTN | Common Stock | Sale | -$92.2K | -3.8K | -2.87% | $24.29 | 128K | Aug 11, 2022 | Direct | F3 |
| holding | ADTN | Common Stock | 4.12K | Aug 11, 2022 | 401(k) Plan |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ADTN | Incentive Stock Option (Right to Buy) | Options Exercise | $0 | -5.27K | -100% | $0.00* | 0 | Aug 11, 2022 | Common Stock | 5.27K | $18.97 | Direct | F4 |
| transaction | ADTN | Incentive Stock Option (Right to Buy) | Options Exercise | $0 | -6.26K | -100% | $0.00* | 0 | Aug 11, 2022 | Common Stock | 6.26K | $15.33 | Direct | F5 |
| transaction | ADTN | Non-Qualified Stock Option (Right to Buy) | Options Exercise | $0 | -19.8K | -100% | $0.00* | 0 | Aug 11, 2022 | Common Stock | 19.8K | $18.97 | Direct | F4 |
| transaction | ADTN | Non-Qualified Stock Option (Right to Buy) | Options Exercise | $0 | -12.5K | -100% | $0.00* | 0 | Aug 11, 2022 | Common Stock | 12.5K | $15.33 | Direct | F5 |
| holding | ADTN | Incentive Stock Option (Right to Buy) | 4.87K | Aug 11, 2022 | Common Stock | 4.87K | $23.64 | Direct | F6 | |||||
| holding | ADTN | Non-Qualified Stock Option (Right to Buy) | 15.2K | Aug 11, 2022 | Common Stock | 15.2K | $23.64 | Direct | F6 | |||||
| holding | ADTN | Phantom Stock | 17.2K | Aug 11, 2022 | Common Stock | 17.2K | Direct | F7 |
| Id | Content |
|---|---|
| F1 | These shares were sold in multiple transactions at prices ranging from $24.07 to $24.45, inclusive. The reporting person undertakes to provide to ADTRAN Holdings, Inc. (the Issuer), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4. |
| F2 | These shares were sold in multiple transactions at prices ranging from $24.07 to $24.38, inclusive. The reporting person undertakes to provide to ADTRAN Holdings, Inc. (the Issuer), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4. |
| F3 | These shares were sold in multiple transactions at prices ranging from $24.15 to $24.41, inclusive. The reporting person undertakes to provide to ADTRAN Holdings, Inc. (the Issuer), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4. |
| F4 | The options granted to the reporting person vested in four equal annual installments beginning on the first anniversary of the date of the grant, which was November 15, 2014. |
| F5 | The options granted to the reporting person vested in four equal annual installments beginning on the first anniversary of the date of the grant, which was November 14, 2015. |
| F6 | The options granted to the reporting person vested in four equal annual installments beginning on the first anniversary of the date of the grant, which was November 2, 2013. |
| F7 | Represents shares of phantom stock of the Issuer that have been acquired through the automatic reinvestment of dividends paid on the Issuer's common stock, which phantom shares become payable in cash six months after the reporting person's separation of service with the Issuer. |
Explanatory note: This amendment is being filed to clarify that the sales prices for the direct sales on 8/11/22 that were originally reported in the Form 4 filed on 8/15/22 were weighted average prices and to provide the range of prices at which the at which the shares were sold.