SEC Form 4 · accession 0001179022-17-000046
ADTRAN Holdings, Inc. · ADTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond R Schansman
Officer — SVP Global Services & Support
Period of report
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 12:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000926282
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F1,F2 | — | Oct 26, 2017 | I | 14,760 | D | — | — | Common Stock | 14,760 | 0 | D |
Explanation of responses
- F1Each share of phantom stock represents a right to receive one share of common stock or the cash value thereof.
- F2The 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.
- F3The reporting person transferred 14,760.312 shares of phantom stock held under the issuer's deferred compensation plan into alternative investments within the deferred compensation plan at a price of $20.02 for each share of phantom stock.