MARKS WILLIAM L 4
4 · ADTRAN INC · Filed Nov 22, 2017
Insider Transaction Report
Form 4
ADTRAN INCADTN
MARKS WILLIAM L
Director
Transactions
- Award
Dividend Equivalent Rights
2017-11-15+17.467→ 69.756 total→ Common Stock (17.467 underlying)
Footnotes (2)
- [F1]The dividend equivalent rights accrued when and as dividends were paid on the Company's common stock. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
- [F2]The reporting person previously reported an acquisition on August 17, 2017 of 16.74 Dividend Equivalent Rights as reported on a Form 4 filed on August 21, 2017. The actual number of Dividend Equivalent Rights acquired on August 17, 2017 was 16.857. The amount of derivative securities beneficially owned stated herein currently reflects the correct amount.