Michael Foliano - Dec 6, 2022 Form 4 Insider Report for ADTRAN Holdings, Inc. (ADTN)

Role
Chief Financial Officer
Signature
/s/ Michael Foliano
Stock symbol
ADTN
Transactions as of
Dec 6, 2022
Transactions value $
$1,907
Form type
4
Date filed
12/8/2022, 05:01 PM
Previous filing
Nov 21, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ADTN Common Stock 250 Dec 6, 2022 401(k) Plan
holding ADTN Common Stock 146K Dec 6, 2022 Direct

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 $1.91K +92.6 +0.44% $20.61 21.3K Dec 6, 2022 Common Stock 92.6 Direct F1
holding ADTN Stock Options 16.9K Dec 6, 2022 Common Stock 16.9K $15.33 Direct F2
holding ADTN Stock Options 17.3K Dec 6, 2022 Common Stock 17.3K $18.97 Direct F3
holding ADTN Stock Options 18.1K Dec 6, 2022 Common Stock 18.1K $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.