Gregory James McCray - 01 Sep 2022 Form 4 Insider Report for ADTRAN Holdings, Inc. (ADTN)

Role
Director
Signature
Michael Foliano, by power of attorney
Issuer symbol
ADTN
Transactions as of
01 Sep 2022
Net transactions value
+$1,050
Form type
4
Filing time
06 Sep 2022, 18:49:14 UTC
Previous filing
11 Jul 2022
Next filing
08 Dec 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 $355 +16 +0.07% $22.70 21,657 01 Sep 2022 Direct F1
transaction ADTN Common Stock Purchase $695 +30 +0.14% $22.90 21,688 04 Sep 2022 Direct F2
* 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.
F2 Reflects shares acquired through the automatic reinvestment of dividends paid on the Company's common stock.