4//SEC Filing
Protiva Brian 4
Accession 0000950170-24-001254
CIK 0000926282other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:51 PM ET
Size
16.1 KB
Accession
0000950170-24-001254
Insider Transaction Report
Form 4
Protiva Brian
DirectorCEO of ADVA
Transactions
- Exercise/Conversion
Dividend Equivalent Rights
2023-12-31−168.424→ 0 total→ Common Stock (168.424 underlying) - Disposition to Issuer
Common Stock
2023-12-31$7.34/sh−0.424$3→ 237,196.14 total - Exercise/Conversion
Common Stock
2023-12-31+168.424→ 237,196.564 total - Award
Common Stock
2023-12-31+16,349→ 253,545.14 total
Holdings
- 49,464
Stock Options
Exercise: $12.17Exp: 2028-05-14→ Common Stock (49,464 underlying) - 41,220
Stock Options
Exercise: $7.01Exp: 2027-05-14→ Common Stock (41,220 underlying) - 119,361.03(indirect: By Spouse)
Common Stock
- 88,326
Stock Option
Exercise: $19.08Exp: 2029-05-14→ Common Stock (88,326 underlying) - 52,997
Stock Options
Exercise: $7.04Exp: 2025-05-14→ Common Stock (52,997 underlying)
Footnotes (6)
- [F1]Settlement of dividend equivalent rights (DERs) in connection with the lapse of restrictions on restricted stock awards (RSAs). The DERs represent quarterly cash dividends paid on restricted stock awards, which are credited to a bookkeeping account and hypothetically invested in shares of common stock until the underlying RSAs vest. Upon vesting, the Company pays the Reporting Person the accumulated value of the bookkeeping account in the form of whole shares of common stock, plus any remaining cash.
- [F2]Represents restricted stock award grant that vests in full on the first anniversary of the date of grant.
- [F3]The options granted to the reporting person vested in four equal annual installments beginning on May 15, 2022.
- [F4]The options granted to the reporting person vested in four equal annual installments beginning on May 15, 2021.
- [F5]The options granted to the reporting person vested in four equal annual installments beginning on May 15, 2020.
- [F6]The options granted to the reporting person vested in four equal annual installments beginning on May 15, 2018.
Documents
Issuer
ADTRAN Holdings, Inc.
CIK 0000926282
Entity typeother
Related Parties
1- filerCIK 0001930886
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:51 PM ET
- Size
- 16.1 KB