THOMAS R. STANTON - 06 Dec 2022 Form 4 Insider Report for ADTRAN Holdings, Inc. (ADTN)

Role
Chairman & CEO, Director
Signature
/s/ Michael Foliano, by power of attorney
Issuer symbol
ADTN
Transactions as of
06 Dec 2022
Net transactions value
+$14,302
Form type
4
Filing time
08 Dec 2022, 17:01:18 UTC
Previous filing
21 Nov 2022
Next filing
09 Dec 2022
SEC
View on sec.gov

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 $14,302 +694 +0.44% $20.61 159,611 06 Dec 2022 Common Stock 694 Direct F1
holding ADTN Stock Options 94,387 06 Dec 2022 Common Stock 94,387 $15.33 Direct F2
holding ADTN Stock Options 94,207 06 Dec 2022 Common Stock 94,207 $18.97 Direct F3
holding ADTN Stock Options 75,366 06 Dec 2022 Common Stock 75,366 $23.64 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 held in the reporting person's account under the Issuer's equity deferral program. The phantom shares are issued to the reporting person six months after a separation of service from the Issuer in the form of whole shares of common stock, plus cash for any fractional shares.
F2 The options granted to the reporting person vested in four equal annual installments beginning on November 14, 2015.
F3 The options granted to the reporting person vested in four equal annual installments beginning on November 15, 2014
F4 The options granted to the reporting person vested in four equal annual installments beginning on November 2, 2013.