SEC Form 4 · accession 0001179022-17-000030
ADTRAN Holdings, Inc. · ADTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Foliano
Officer — Sr VP, Global Operations
Period of report
Jul 24, 2017
Accepted (ET)
Jul 26, 2017 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000926282
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 24, 2017 | M | 322 | $23.02 | A | 5,417 | D | |
| Common Stock | Jul 24, 2017 | S | 322 | $23.70 | D | 5,095 | D | |
| Common Stock | Jul 25, 2017 | M | 2,546 | $23.02 | A | 7,641 | D | |
| Common Stock | Jul 25, 2017 | M | 10,132 | $23.02 | A | 17,773 | D | |
| Common Stock | Jul 25, 2017 | M | 2,751 | $15.29 | A | 20,524 | D | |
| Common Stock | Jul 25, 2017 | M | 8,249 | $15.29 | A | 28,773 | D | |
| Common StockF1 | Jul 25, 2017 | S | 23,678 | $23.7713 | D | 5,095 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy) | $23.02 | Jul 24, 2017 | M | 322 | D | Nov 5, 2008 | Nov 5, 2017 | Common Stock | 322 | 2,546 | D |
| Incentive Stock Option (Right to Buy) | $23.02 | Jul 25, 2017 | M | 2,546 | D | Nov 5, 2008 | Nov 5, 2017 | Common Stock | 2,546 | 0 | D |
| Non-Qualified Stock Option (Right to Buy) | $23.02 | Jul 25, 2017 | M | 10,132 | D | Nov 5, 2008 | Nov 5, 2017 | Common Stock | 10,132 | 0 | D |
| Incentive Stock Option (Right to Buy) | $15.29 | Jul 25, 2017 | M | 2,751 | D | Nov 6, 2009 | Nov 6, 2018 | Common Stock | 2,751 | 0 | D |
| Non-Qualified Stock Option (Right to Buy) | $15.29 | Jul 25, 2017 | M | 8,249 | D | Nov 6, 2009 | Nov 6, 2018 | Common Stock | 8,249 | 0 | D |
Explanation of responses
- F1The shares were sold in multiple transactions at prices ranging from $23.60 to $24.00. 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.