ADTRAN INC 4
4 · ADTRAN INC · Filed Nov 18, 2016
Insider Transaction Report
Form 4
ADTRAN INCADTN
Schansman Raymond R
Sr VP and GM Enterprise Div
Transactions
- Award
Phantom Stock
2016-11-17+51.059→ 14,489.48 total→ Common (51.059 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.