Kathryn A. Walker - Sep 1, 2022 Form 4 Insider Report for ADTRAN Holdings, Inc. (ADTN)

Role
Director
Signature
Michael Foliano, by power of attorney
Stock symbol
ADTN
Transactions as of
Sep 1, 2022
Transactions value $
$355
Form type
4
Date filed
9/6/2022, 06:44 PM
Previous filing
Jul 8, 2022
Next filing
Dec 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADTN Common Stock Award $355 +15.6 +0.03% $22.70 47.5K Sep 1, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents quarterly cash dividends paid on restricted stock awards (RSA's), which are credited to a bookkeeping account and hypothetically invested in shares of common stock until the underlying RSAs vest. Upon vesting, the Company pays the Reporting Person the accumulated value of the bookkeeping account in the form of whole shares of common stock, plus any remaining cash.