4//SEC Filing
Foliano Michael 4
Accession 0000926282-22-000045
CIK 0000926282other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:12 PM ET
Size
28.0 KB
Accession
0000926282-22-000045
Insider Transaction Report
Form 4
Foliano Michael
Senior Vice President
Transactions
- Tax Payment
Common Stock
2022-08-09$23.86/sh−3,627$86,540→ 153,562.366 total - Tax Payment
Common Stock
2022-08-09$23.86/sh−10,783$257,282→ 157,405.366 total - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2022-08-09−4,516→ 0 totalExercise: $16.97Exp: 2022-11-03→ Common Stock (4,516 underlying) - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2022-08-09−13,546→ 0 totalExercise: $16.97Exp: 2022-11-03→ Common Stock (13,546 underlying) - Tax Payment
Common Stock
2022-08-09$23.86/sh−4,191$99,997→ 154,642.366 total - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2022-08-09−5,644→ 0 totalExercise: $15.33Exp: 2025-11-14→ Common Stock (5,644 underlying) - Exercise/Conversion
Common Stock
2022-08-09$15.33/sh+5,644$86,523→ 157,189.366 total - Exercise/Conversion
Common Stock
2022-08-09$18.97/sh+5,271$99,991→ 158,833.366 total - Exercise/Conversion
Common Stock
2022-08-09$16.97/sh+13,546$229,876→ 168,188.366 total - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2022-08-09−5,271→ 0 totalExercise: $18.97Exp: 2024-11-14→ Common Stock (5,271 underlying) - Exercise/Conversion
Common Stock
2022-08-09$16.97/sh+4,516$76,637→ 154,757.366 total - Tax Payment
Common Stock
2022-08-09$23.86/sh−3,212$76,638→ 151,545.366 total
Holdings
- 247.958(indirect: By 401(k))
Common Stock
- 21,112.16
Phantom Stock
→ Common Stock (21,112.16 underlying)
Footnotes (6)
- [F1]Represents shares surrendered to Adtran Holdings, Inc. to cover the exercise price of outstanding stock options. The reporting person received 1,304 shares of common stock on the net exercise of stock options to purchase 4,516 shares of common stock. The reporting person surrendered 3,212 shares of common stock underlying the stock options for payment of the exercise price, using the closing stock price on August 8, 2022 of $23.86, pursuant to the terms of the 2006 Employee Stock Incentive Plan.
- [F2]Represents shares surrendered to Adtran Holdings, Inc. to cover the exercise price of outstanding stock options. The reporting person received 2,017 shares of common stock on the net exercise of stock options to purchase 5,644 shares of common stock. The reporting person surrendered 3,627 shares of common stock underlying the stock options for payment of the exercise price, using the closing stock price on August 8, 2022 of $23.86, pursuant to the terms of the 2015 Employee Stock Incentive Plan.
- [F3]Represents shares surrendered to Adtran Holdings, Inc. to cover the exercise price of outstanding stock options. The reporting person received 1,080 shares of common stock on the net exercise of stock options to purchase 5,271 shares of common stock. The reporting person surrendered 4,191 shares of common stock underlying the stock options for payment of the exercise price, using the closing stock price on August 8, 2022 of $23.86, pursuant to the terms of the 2006 Employee Stock Incentive Plan.
- [F4]Represents shares surrendered to Adtran Holdings, Inc. to cover the exercise price of outstanding stock options. The reporting person received 2,763 shares of common stock on the net exercise of stock options to purchase 13,546 shares of common stock. The reporting person surrendered 10,783 shares of common stock underlying the stock options for payment of the exercise price and tax withholdings, using the closing stock price on August 8, 2022 of $23.86, pursuant to the terms of the 2006 Employee Stock Incentive Plan.
- [F5]The options granted to the reporting person vested in four annual installments beginning on the anniversary of the date of grant and were fully vested prior to the Effective Time.
- [F6]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, which phantom shares become payable in cash six months after the reporting person's separation of service with the Issuer.
Documents
Issuer
ADTRAN Holdings, Inc.
CIK 0000926282
Entity typeother
Related Parties
1- filerCIK 0001300513
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:12 PM ET
- Size
- 28.0 KB