Director's Dealing • Aug 13, 2022
Director's Dealing
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News Details
Directors’ Dealings | 13 August 2022 11:50
DGAP-DD: Adtran Holdings, Inc. english
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
13.08.2022 / 11:49
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
| Title: | |
| First name: | Michael |
| Last name(s): | Foliano |
2. Reason for the notification
a) Position / status
| Position: | Senior Vice President and Chief Financial Officer |
b) Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
Adtran Holdings, Inc.
b) LEI
549300VV36J86CRRWF77
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
| Type: | Share |
| ISIN: | US00486H1059 |
b) Nature of the transaction
Acquisition of 2,763 shares in ADTRAN Holdings, Inc. (ISIN US00486H1059) due to the exercise of 13,546 stock options pursuant to the 2006 Employee Stock Incentive Plan. 10,783 shares in ADTRAN Holdings, Inc. (ISIN US00486H1059) were surrendered to ADTRAN Holdings, Inc. to cover the exercise price at a market price of US$ 23.86.
c) Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.97 USD | 46,888.11 USD |
d) Aggregated information
| Price | Aggregated volume |
| 16.97 USD | 46,888.11 USD |
e) Date of the transaction
2022-08-09; UTC+2
f) Place of the transaction
Outside a trading venue
13.08.2022 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Adtran Holdings, Inc. |
| 901 Explorer Boulevard | |
| 35806 Huntsville | |
| United States | |
| Internet: | www.adtran.com |
| End of News | DGAP News Service |
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