ADTRAN INC 4
4 · ADTRAN INC · Filed Apr 24, 2015
Insider Transaction Report
Form 4
ADTRAN INCADTN
MATTHEWS JAMES E
DirectorSr. Vice President
Transactions
- Exercise/Conversion
Common Stock
2015-04-24$15.29/sh+5,750$87,918→ 5,750 total - Sale
Common Stock
2015-04-24$16.03/sh−5,750$92,193→ 0 total - Exercise/Conversion
Incentive Stock Option
2015-04-24−5,750→ 0 totalExercise: $15.29From: 2009-11-06Exp: 2015-06-16→ Common Stock (5,750 underlying) - Sale
Common Stock
2015-04-24$16.03/sh−17,250$276,578→ 0 total - Exercise/Conversion
Common Stock
2015-04-24$15.29/sh+17,250$263,753→ 17,250 total - Exercise/Conversion
Non-Qualified
2015-04-24−17,250→ 0 totalExercise: $15.29From: 2009-11-06Exp: 2015-06-16→ Common Stock (17,250 underlying)
Footnotes (2)
- [F1]The shares were sold in multiple transactions at prices ranging from $16.00 to $16.13. 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 shown in column 6.