Schansman Raymond R 4
4 · ADTRAN INC · Filed Aug 21, 2017
Insider Transaction Report
Form 4
ADTRAN INCADTN
Schansman Raymond R
SVP Global Services & Support
Transactions
- Award
Phantom Stock
[F1][F2]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.
Signature
Brandon Dang, by power of attorney|2017-08-21