ADTRAN Holdings, Inc. — Director's Dealing 2017

Nov 22, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADTRAN INC (ADTN)
CIK: 0000926282
Period of Report: 2017-11-15

Reporting Person: NICHOLS ROY J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-15	Dividend Equivalent Rights	$	A	17.467	Acquired		Common Stock (17.467)	Direct

Footnotes

F1: The dividend equivalent rights accrued when and as dividends were paid on the Company's common stock. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.

F2: The reporting person previously reported an acquisition on August 17, 2017 of 16.74 Dividend Equivalent Rights as reported on a Form 4 filed on August 21, 2017. The actual number of Dividend Equivalent Rights acquired on August 17, 2017 was 16.857. The amount of derivative securities beneficially owned stated herein currently reflects the correct amount.The amount of derivative securities beneficially owned stated herein currently reflects the correct amount.