ADTRAN INC 4
4 · ADTRAN INC · Filed Feb 23, 2015
Insider Transaction Report
Form 4
ADTRAN INCADTN
MATTHEWS JAMES E
DirectorSr. Vice President
Transactions
- Award
Phantom Stock
2015-02-19$22.84/sh+43.801$1,000→ 11,220.072 total→ Common Stock (43.801 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.