Protiva Brian 4
4 · ADTRAN Holdings, Inc. · Filed Mar 23, 2023
Insider Transaction Report
Form 4
Protiva Brian
DirectorCEO of ADVA
Transactions
- Award
Dividend Equivalent Rights
2023-03-21$15.96/sh+36.197$578→ 36.197 total→ Common Stock (36.197 underlying)
Footnotes (1)
- [F1]Represents quarterly cash dividends paid on restricted stock awards (RSAs), which are credited to a bookkeeping account and hypothetically invested in shares of common stock until the underlying RSAs vest. Upon vesting, the Company pays the Reporting Person the accumulated value of the bookkeeping account in the form of whole shares of common stock, plus cash for any fractional shares.