ADTRAN INC 4
4 · ADTRAN INC · Filed Feb 7, 2007
Insider Transaction Report
Form 4
ADTRAN INCADTN
WINDHAM DANNY J
Vice President & Gen. Mgr.
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-02-05$22.50/sh−3,000$67,500→ 95,478 totalExercise: $10.50From: 2003-10-16Exp: 2012-10-16→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2007-02-05$10.50/sh+3,000$31,500→ 26,532 total - Sale
Common Stock
2007-02-05$22.50/sh−3,000$67,500→ 23,532 total
Footnotes (1)
- [F1]The option vests in four equal and annual installments beginning on the first anniversary date of the grant as shown in column 6.