4//SEC Filing
Schansman Raymond R 4
Accession 0001179022-17-000044
CIK 0000926282other
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 4:22 PM ET
Size
27.8 KB
Accession
0001179022-17-000044
Insider Transaction Report
Form 4
ADTRAN INCADTN
Schansman Raymond R
Sr VP and GM Enterprise Div
Transactions
- Exercise/Conversion
Common Stock
2017-10-20$18.97/sh+12,522$237,542→ 49,464 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2017-10-20−15,025→ 0 totalExercise: $16.97From: 2013-11-03Exp: 2022-11-03→ Common Stock (15,025 underlying) - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-10-20−5,250→ 0 totalExercise: $15.29From: 2009-11-06Exp: 2018-11-06→ Common Stock (5,250 underlying) - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2017-10-20−12,522→ 12,521 totalExercise: $18.97From: 2015-11-14Exp: 2024-11-14→ Common Stock (12,522 underlying) - Exercise/Conversion
Common Stock
2017-10-20$15.29/sh+5,250$80,273→ 11,658 total - Exercise/Conversion
Common Stock
2017-10-20$15.29/sh+5,250$80,273→ 16,908 total - Sale
Common Stock
2017-10-20$21.70/sh−48,056$1,042,575→ 6,408 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2017-10-20−5,000→ 15,000 totalExercise: $15.33From: 2016-11-14Exp: 2025-11-14→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2017-10-20$16.97/sh+15,025$254,974→ 31,933 total - Exercise/Conversion
Common Stock
2017-10-20$16.97/sh+5,009$85,003→ 36,942 total - Exercise/Conversion
Common Stock
2017-10-20$15.33/sh+5,000$76,650→ 54,464 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2017-10-20−5,250→ 0 totalExercise: $15.29From: 2009-11-06Exp: 2018-11-06→ Common Stock (5,250 underlying) - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-10-20−5,009→ 0 totalExercise: $16.97From: 2013-11-03Exp: 2022-11-03→ Common Stock (5,009 underlying)
Footnotes (3)
- [F1]The shares were sold in multiple transactions at prices ranging from $21.55 to $22.10. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F2]The issuer issued Incentive Stock Options (right to buy) to the reporting person and Non-Qualified Stock Options (Right to Buy) to the reporting person on November 14, 2014 (originally reported as November 15, 2014). At the time of issuance, these stock options were properly reported on Form 4. The issuer has now exceeded alloted Incentive Stock Option amounts for the reporting person and has changed some of the Incentive Stock Options to be Non-Qualified Options. The total in Column 9 represents the total options (both Incentive Stock Options and Non-Qualified Stock Options) remaining from the grant, in the aggregate.
- [F3]The issuer issued Incentive Stock Options (right to buy) to the reporting person and Non-Qualified Stock Options (Right to Buy) to the reporting person on November 14, 2015. At the time of issuance, these stock options were properly reported on Form 4. The issuer has now exceeded alloted Incentive Stock Option amounts for the reporting person and has changed some of the Incentive Stock Options to be Non-Qualified Options. The total in Column 9 represents the total options (both Incentive Stock Options and Non-Qualified Stock Options) remaining from the grant, in the aggregate.
Documents
Issuer
ADTRAN INC
CIK 0000926282
Entity typeother
Related Parties
1- filerCIK 0001371148
Filing Metadata
- Form type
- 4
- Filed
- Oct 24, 8:00 PM ET
- Accepted
- Oct 25, 4:22 PM ET
- Size
- 27.8 KB