ADTRAN INC 4
4 · ADTRAN INC · Filed Apr 29, 2015
Insider Transaction Report
Form 4
ADTRAN INCADTN
MATTHEWS JAMES E
DirectorSr. Vice President
Transactions
- Discretionary Transaction
Phantom stock
2015-04-27$15.95/sh−11,220.072$178,960→ 0 total→ Common stock (11,220.072 underlying)
Footnotes (2)
- [F1]Each share of phantom stock represents a right to receive one share of common stock or the cash value thereof.
- [F2]The phantom stock becomes payable 6 months after the reporting person's separation of service with the Company. The reporting person may transfer his phantom stock account into an alternative investment at any time.