LOCKE P STEVEN 4
4 · ADTRAN INC · Filed Feb 10, 2011
Insider Transaction Report
Form 4
ADTRAN INCADTN
LOCKE P STEVEN
Vice President
Transactions
- Sale
Common Stock
2011-02-08$44.81/sh−2,670$119,642→ 0 total - Sale
Common Stock
2011-02-08$44.81/sh−3,983$178,477→ 0 total - Sale
Common Staock
2011-02-08$44.81/sh−7,330$328,455→ 0 total - Sale
Common Stock
2011-02-08$44.81/sh−6,017$269,620→ 0 total - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2011-02-08−2,670→ 0 totalExercise: $32.27From: 2004-11-25Exp: 2013-11-25→ Common Stock (2,670 underlying) - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2011-02-08−7,330→ 0 totalExercise: $32.27From: 2004-11-25Exp: 2013-11-25→ Common Stock (7,330 underlying) - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2011-02-08−6,017→ 0 totalExercise: $30.04From: 2006-10-17Exp: 2015-10-17→ Common Stock (6,017 underlying) - Exercise/Conversion
Common Stock
2011-02-08$32.27/sh+2,670$86,148→ 2,670 total - Exercise/Conversion
Common Stock
2011-02-08$30.04/sh+3,983$119,649→ 3,983 total - Exercise/Conversion
Common Stock
2011-02-08$32.27/sh+7,330$236,502→ 7,330 total - Exercise/Conversion
Common Stock
2011-02-08$30.04/sh+6,017$180,751→ 6,017 total - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2011-02-08−3,983→ 0 totalExercise: $30.04From: 2006-10-17Exp: 2015-10-17→ Common Stock (3,983 underlying)
Footnotes (1)
- [F1]The shares were sold in multiple transactions at prices ranging from $44.79 to $44.89. 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.