Heering Kevin P. 4
4 · ADTRAN INC · Filed Oct 25, 2017
Insider Transaction Report
Form 4
ADTRAN INCADTN
Heering Kevin P.
Sr VP Quality & Administration
Transactions
- Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-10-23−6,283→ 0 totalExercise: $15.29From: 2009-11-06Exp: 2018-11-06→ Common Stock (6,283 underlying) - Exercise/Conversion
Common Stock
2017-10-23$16.97/sh+3,526$59,836→ 13,688 total - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-10-23−3,526→ 0 totalExercise: $16.97From: 2013-11-03Exp: 2022-11-03→ Common Stock (3,526 underlying) - Exercise/Conversion
Common Stock
2017-10-23$15.29/sh+6,283$96,067→ 10,162 total - Sale
Common Stock
2017-10-23$21.59/sh−9,809$211,825→ 3,879 total
Footnotes (1)
- [F1]The shares were sold in multiple transactions at prices ranging from $21.55 to $21.60. 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.