Form 4 for ADTN ADTRAN Holdings, Inc.
Accepted 2022-07-19 00:00:00 ET · period of report 2022-07-15 · accession 0001209191-22-042587 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-07-19 | 2022-07-15 | ADTN | Protiva Brian | CEO of ADVA, Dir | A - Grant | — | +330.6K | 330.6K | New | — | |
| I | 2022-07-19 | 2022-07-15 | ADTN | Protiva Brian | CEO of ADVA, Dir | A - Grant | — | +19.4K | 19.4K | New | — |
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 | 2022-07-15 | A | A | 330,609.14 | — | 330,609.14 | D By spouse | — | — | (F1) Pursuant to the Business Combination Agreement (the "Business Combination Agreement"), dated August 30, 2021, by and among ADTRAN, Inc.; ADVA Optical Networking SE ("ADVA"); the Issuer (f/k/a Acorn HoldCo, Inc.); and Acorn MergeCo, Inc., the Issuer and ADVA consummated the Exchange Offer (as defined in the Business Combination Agreement) and ADVA became a subsidiary of the Issuer on July 15, 2022 (the "Closing Date"). On the Closing Date, each ADVA share tendered by the reporting person was exchanged for 0.8244 shares of the Issuer's common stock. |
| 2 | Common | Common Stock | 2022-07-15 | A | A | 19,361.03 | — | 19,361.03 | I | — | — | (F1) Pursuant to the Business Combination Agreement (the "Business Combination Agreement"), dated August 30, 2021, by and among ADTRAN, Inc.; ADVA Optical Networking SE ("ADVA"); the Issuer (f/k/a Acorn HoldCo, Inc.); and Acorn MergeCo, Inc., the Issuer and ADVA consummated the Exchange Offer (as defined in the Business Combination Agreement) and ADVA became a subsidiary of the Issuer on July 15, 2022 (the "Closing Date"). On the Closing Date, each ADVA share tendered by the reporting person was exchanged for 0.8244 shares of the Issuer's common stock. |