Thomas R. Stanton - Jun 6, 2023 Form 4 Insider Report for ADTRAN Holdings, Inc. (ADTN)

Role
Chairman & CEO, Director
Signature
/s/ Dan Ragsdale, by power of attorney
Stock symbol
ADTN
Transactions as of
Jun 6, 2023
Transactions value $
$0
Form type
4
Date filed
6/8/2023, 05:10 PM
Previous filing
Mar 23, 2023
Next filing
Sep 7, 2023

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 +2.26K +1.02% 223K Jun 6, 2023 Common Stock 2.26K Direct F1
holding ADTN Stock Options 94.2K Jun 6, 2023 Common Stock 94.2K $15.33 Direct F2
holding ADTN Stock Options 94.2K Jun 6, 2023 Common Stock 94.2K $18.97 Direct F3
holding ADTN Stock Options 75.4K Jun 6, 2023 Common Stock 75.4K $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.