Form 4 for ADTN ADTRAN Holdings, Inc.
Accepted 2021-11-19 00:00:00 ET · period of report 2021-11-17 · accession 0000926282-21-000066 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-19 | 2021-11-17 | ADTN | STANTON THOMAS R | COB, CEO, Dir | A - Grant | $0.00 | +30.3K | 304.6K | +11% | $0 |
| D | 2021-11-19 | 2021-11-17 | ADTN | STANTON THOMAS R | COB, CEO, Dir | A - Grant | $0.00 | +56.6K | 157.5K | +56% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-17 | A | A | 30,253 | $0.00 | 304,646.18 | D | — | — | (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. |
| 2 | Derivative | Phantom Stock | 2021-11-17 | A | A | 56,584 | $0.00 | 157,520.44 | D | — · — to — | 56,584 Common Stock | (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. |