LOCKE P STEVEN 4
4 · ADTRAN INC · Filed Feb 3, 2011
Insider Transaction Report
Form 4
ADTRAN INCADTN
LOCKE P STEVEN
Vice President
Transactions
- Exercise/Conversion
Incentive Stock Option (right to buy)
2011-02-01−1,897→ 2,875 totalExercise: $23.02From: 2008-11-05Exp: 2017-11-05→ Common Stock (1,897 underlying) - Sale
Common Stock
2011-02-01$41.70/sh−2,500$104,241→ 0 total - Sale
Common Staock
2011-02-01$41.70/sh−2,875$119,878→ 0 total - Exercise/Conversion
Common Stock
2011-02-01$22.53/sh+2,500$56,325→ 2,500 total - Exercise/Conversion
Common Stock
2011-02-01$23.02/sh+1,897$43,669→ 1,897 total - Sale
Common Stock
2011-02-01$41.70/sh−1,897$79,098→ 0 total - Exercise/Conversion
Common Stock
2011-02-01$23.46/sh+2,875$67,448→ 2,875 total - Exercise/Conversion
Common Stock
2011-02-01$15.29/sh+2,875$43,959→ 2,875 total - Exercise/Conversion
Common Stock
2011-02-01$23.02/sh+978$22,514→ 978 total - Sale
Common Stock
2011-02-01$41.70/sh−978$40,779→ 0 total - Sale
Common Stock
2011-02-01$41.70/sh−2,875$119,878→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2011-02-01−2,875→ 3,362 totalExercise: $23.46From: 2010-11-07Exp: 2019-11-07→ Common Stock (2,875 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-02-01−978→ 0 totalExercise: $23.02From: 2008-11-05Exp: 2017-11-05→ Common Stock (978 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-02-01−2,875→ 664 totalExercise: $15.29From: 2009-11-06Exp: 2018-11-06→ Common Stock (2,875 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2011-02-01−2,500→ 0 totalExercise: $22.53From: 2007-11-03Exp: 2016-11-03→ Common Stock (2,500 underlying)
Footnotes (1)
- [F1]The shares were sold in multiple transactions at prices ranging from $41.66 to $41.78. 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.