Foliano Michael 4
4 · ADTRAN Holdings, Inc. · Filed Mar 23, 2023
Insider Transaction Report
Form 4
Foliano Michael
Senior Vice President
Transactions
- Award
Phantom Stock
2023-03-21$15.95/sh+233.955$3,732→ 41,692.245 total→ Common Stock (233.955 underlying)
Holdings
- 106,986.366
Common Stock
- 251.355(indirect: By 401(k))
Common Stock
- 17,307
Stock Options
Exercise: $18.97Exp: 2024-11-15→ Common Stock (17,307 underlying) - 16,934
Stock Options
Exercise: $15.33Exp: 2025-11-14→ Common Stock (16,934 underlying) - 18,062
Stock Options
Exercise: $23.64Exp: 2023-11-02→ Common Stock (18,062 underlying)
Footnotes (4)
- [F1]Represents shares of phantom stock of the Issuer that have been acquired through the automatic reinvestment of dividends paid on the Issuer's common stock held in the reporting person's account under the Issuer's equity deferral program. The phantom shares are issued to the reporting person six months after a separation of service from the Issuer in the form of whole shares of common stock, plus cash for any fractional shares.
- [F2]The options granted to the reporting person vested in four equal annual installments beginning on November 14, 2015.
- [F3]The options granted to the reporting person vested in four equal annual installments beginning on November 15, 2014
- [F4]The options granted to the reporting person vested in four equal annual installments beginning on November 2, 2013.