Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADTN | Dividend Equivalent Rights | Award | $749 | +82 | +129.37% | $9.14 | 145 | Jun 6, 2023 | Common Stock | 82 | Direct | F1 |
Id | Content |
---|---|
F1 | Represents quarterly cash dividends paid on restricted stock awards (RSAs), 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 cash for any fractional shares. |