ADTRAN INC 4
4 · ADTRAN INC · Filed Jul 23, 2014
Insider Transaction Report
Form 4
ADTRAN INCADTN
FREDRICKSON ROBERT A
Vice President
Transactions
- Sale
Common Stock
2014-07-21$22.07/sh−2,577$56,866→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2014-07-21−2,577→ 0 totalExercise: $16.97From: 2013-11-03Exp: 2022-11-03→ Common Stock (2,755 underlying) - Exercise/Conversion
Common Stock
2014-07-21$16.97/sh+2,577$43,732→ 2,577 total
Footnotes (2)
- [F1]The shares were sold in multiple transactions at prices ranging from $22.03 to $22.10 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.
- [F2]The option vests in four equal and annual installments beginning on the first anniversary date of the grant as shown in column 6.