ADTRAN INC 4
4 · ADTRAN INC · Filed Aug 15, 2014
Insider Transaction Report
Form 4
ADTRAN INCADTN
MATTHEWS JAMES E
DirectorSr. Vice President
Transactions
- Award
Phantom Stock
2014-08-14$22.18/sh+39.096$867→ 9,703.425 total→ Common Stock (39.096 underlying)
Footnotes (2)
- [F1]Each share of phantom stock represents a right to receive one share of common stock or the cash value thereof.
- [F2]The phantom stock becomes payable 6 months after the reporting person's separation of service with the Company. The reporting person may transfer his phantom stock account into an alternative investment at any time.