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ADTRAN Holdings, Inc. — Director's Dealing 2021
Nov 19, 2021
6211_dirs_2021-11-19_439c98f2-ed7e-4317-95d2-ba5350d8bc3d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADTRAN INC (ADTN)
CIK: 0000926282
Period of Report: 2021-11-17
Reporting Person: STANTON THOMAS R (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-17 | Common Stock | A | 30253 | — | Acquired | 304646.18 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-17 | Phantom Stock | $ | A | 56584 | Acquired | Common Stock (56584) | Direct |
Footnotes
F1: Represents a grant of restricted stock units that vest in four equal and annual installments beginning on the first anniversary date of the grant.
F2: Represents vesting of performance shares awarded pursuant to a grant on November 09, 2018 under the ADTRAN, Inc. 2015 Employee Stock Incentive Plan.
F3: Each share of phantom stock represents a right to receive one share of common stock at the cash value thereof.
F4: The phantom stock becomes payable six months after the reporting person's separation of service with the Company. The reporting person may transfer the phantom stock account into an alternative investment at any time.