Schansman Raymond R 4
4 · ADTRAN INC · Filed Aug 21, 2017
Insider Transaction Report
Form 4
ADTRAN INCADTN
Schansman Raymond R
Sr VP and GM Enterprise Div
Transactions
- Award
Phantom Stock
2017-08-17+60.817→ 14,760.312 total→ Common stock (60.817 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.