ADTRAN Holdings, Inc. — Director's Dealing 2019

Dec 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADTRAN INC (ADTN)
CIK: 0000926282
Period of Report: 2019-12-02

Reporting Person: STANTON THOMAS R (Director, CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-02	Phantom Stock	$	A	942.058	Acquired		Common Stock (942.058)	Direct

Footnotes

F1: Each share of phantom stock represents a right to receive one share of common stock or the cash value thereof.

F2: The phantom stock becomes payable six months after the reporting person's separation of service with the Company. The reporting person may transfer his phantom stock account into an alternative investment at any time.