$ADTN·4

ADTRAN INC · Aug 29, 4:45 PM ET

ADTRAN INC 4

4 · ADTRAN INC · Filed Aug 29, 2014

Insider Transaction Report

Form 4
Period: 2014-08-29
Heering Kevin P.
Sr VP Quality & Administration
Transactions
  • Sale

    Common Stock

    2014-08-29$23.10/sh4,326$99,913150 total
  • Sale

    Common Stock

    2014-08-29$23.11/sh1,324$30,599150 total
  • Exercise/Conversion

    Non-Qualified (Right to Buy)

    2014-08-291,3240 total
    Exercise: $22.17From: 2005-10-18Exp: 2014-10-18Common Stock (1,324 underlying)
  • Exercise/Conversion

    Common Stock

    2014-08-29$22.17/sh+1,324$29,3531,474 total
  • Exercise/Conversion

    Common Stock

    2014-08-29$22.17/sh+4,326$95,9074,476 total
  • Exercise/Conversion

    Incentive Stock Option (Right to Buy)

    2014-08-294,3260 total
    Exercise: $22.17From: 2005-10-18Exp: 2014-10-18Common Stock (4,326 underlying)
Holdings
  • Common Stock

    (indirect: by mother)
    4,000
Footnotes (4)
  • [F1]The shares were sold in multiple transactions at prices ranging from $23.096 to $23.11. 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 shares were sold in multiple transactions at prices ranging from $23.11 to $23.12. 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.
  • [F3]Reporting person has investment power over these securities. Reporting person disclaims beneficial ownership.
  • [F4]The option vests in four equal and annual installments beginning on the first anniversary date of the grant shown in column 6.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION