Walker Kathryn A 4
4 · ADTRAN INC · Filed Jul 8, 2022
Insider Transaction Report
Form 4
ADTRAN INCADTN
Walker Kathryn A
Director
Transactions
- Disposition to Issuer
Common Stock
2022-07-08−47,478.53→ 0 total
Footnotes (2)
- [F1]Includes 3,943 shares of time-based restricted stock under a restricted stock award (an "RSA") and 35.53 shares of restricted stock acquired in connection with such RSA pursuant to a dividend reinvestment feature of the applicable equity plan.
- [F2]Pursuant to that certain Business Combination Agreement, dated August 30, 2021, by and among the Issuer, ADVA Optical Networking SE, Acorn HoldCo, Inc. (now named ADTRAN Holdings, Inc. ("Holdings")), and Acorn MergeCo, Inc., the Issuer became a wholly owned subsidiary of Holdings on July 8, 2022 (the "Effective Time"). At the Effective Time, each share of the Issuer's common stock converted, on a one-for-one basis, into a share of common stock of Holdings.