James Denson Wilson Jr - Sep 1, 2022 Form 4/A - Amendment Insider Report for ADTRAN Holdings, Inc. (ADTN)

Role
Chief Revenue Officer
Signature
/s/ Michael Foliano, by power of attorney
Stock symbol
ADTN
Transactions as of
Sep 1, 2022
Transactions value $
$3,891
Form type
4/A - Amendment
Date filed
9/8/2022, 08:56 AM
Date Of Original Report
Sep 6, 2022
Previous filing
Sep 2, 2022
Next filing
Nov 14, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADTN Common Stock Purchase $2.34K +102 +0.08% $22.90 129K Sep 4, 2022 Direct F1
holding ADTN Common Stock 4.13K Sep 1, 2022 401(k) Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADTN Phantom Stock Purchase $1.55K +67.3 +0.39% $23.01 17.3K Sep 1, 2022 Common Stock 67.3 Direct F3
holding ADTN Stock Option 20K Sep 1, 2022 Common Stock 20K $23.64 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares acquired through the automatic reinvestment of dividends paid on the Issuer's common stock.
F2 Includes 15.653 shares acquired since the reporting person's prior Form 4 from the automatic reinvestment of dividends.
F3 Represents shares of phantom stock of the Issuer that have been acquired through the automatic reinvestment of dividends paid on the Issuer's common stock held in the reporting person's account under the Issuer's deferred compensation plan. The phantom shares become payable in cash six months after the reporting person's separation of service with the Issuer.
F4 The options granted to the reporting person vested in four equal annual installments beginning on November 2, 2013.

Remarks:

The reporting person realized short-swing profits under Section 16(b) of the Exchange Act as a result of shares acquired through the automatic reinvestment of dividends paid on the Issuer's common stock held in the reporting person's personal brokerage accounts on September 4, 2022 being matched against prior sales of the Issuer's common stock by the reporting person. The reporting person has paid to the Issuer the maximum amount of short-swing profits that may have been realized by the reporting person.