Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADTN | Common Stock | Tax liability | -$1.06M | -56.5K | -7.01% | $18.79 | 749K | Dec 31, 2022 | Direct | F1 |
transaction | ADTN | Common Stock | Disposed to Issuer | $0 | -60.3K | -8.05% | $0.00 | 689K | Dec 31, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADTN | Phantom Stock | Award | $0 | +60.3K | +37.79% | $0.00 | 220K | Dec 31, 2022 | Common Stock | 60.3K | Direct | F2, F3 | |
holding | ADTN | Stock Options | 94.4K | Dec 31, 2022 | Common Stock | 94.4K | $15.33 | Direct | F4 | |||||
holding | ADTN | Stock Options | 94.2K | Dec 31, 2022 | Common Stock | 94.2K | $18.97 | Direct | F5 | |||||
holding | ADTN | Stock Options | 75.4K | Dec 31, 2022 | Common Stock | 75.4K | $23.64 | Direct | F6 |
Id | Content |
---|---|
F1 | Shares delivered to the Issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock units. |
F2 | Upon vesting 60,320 restricted stock units previously granted to the reporting person were deferred resulting in the reporting person's receipt of phantom stock pursuant to the Issuer's equity deferral program. |
F3 | Represents shares of phantom stock of the Issuer 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. |
F4 | The options granted to the reporting person vested in four equal annual installments beginning on November 14, 2015. |
F5 | The options granted to the reporting person vested in four equal annual installments beginning on November 15, 2014 |
F6 | The options granted to the reporting person vested in four equal annual installments beginning on November 2, 2013. |