Filing Details
- Accession Number:
- 0001179022-17-000044
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-10-25 16:22:47
- Reporting Period:
- 2017-10-20
- Accepted Time:
- 2017-10-25 16:22:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 926282 | Adtran Inc | ADTN | Telephone & Telegraph Apparatus (3661) | 630918200 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1371148 | R Raymond Schansman | 901 Explorer Blvd. Huntsville AL 35806 | Svp Global Services & Support | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-10-20 | 5,250 | $15.29 | 11,658 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-10-20 | 5,250 | $15.29 | 16,908 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-10-20 | 15,025 | $16.97 | 31,933 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-10-20 | 5,009 | $16.97 | 36,942 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-10-20 | 12,522 | $18.97 | 49,464 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-10-20 | 5,000 | $15.33 | 54,464 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-10-20 | 48,056 | $21.70 | 6,408 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2017-10-20 | 5,250 | $0.00 | 5,250 | $15.29 |
| Common Stock | Incentive Stock Option (Right to Buy) | Disposition | 2017-10-20 | 5,250 | $0.00 | 5,250 | $15.29 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2017-10-20 | 15,025 | $0.00 | 15,025 | $16.97 |
| Common Stock | Incentive Stock Option (Right to Buy) | Disposition | 2017-10-20 | 5,009 | $0.00 | 5,009 | $16.97 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2017-10-20 | 12,522 | $0.00 | 12,522 | $18.97 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2017-10-20 | 5,000 | $0.00 | 5,000 | $15.33 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2009-11-06 | 2018-11-06 | No | 4 | M | Direct |
| 0 | 2009-11-06 | 2018-11-06 | No | 4 | M | Direct |
| 0 | 2013-11-03 | 2022-11-03 | No | 4 | M | Direct |
| 0 | 2013-11-03 | 2022-11-03 | No | 4 | M | Direct |
| 12,521 | 2015-11-14 | 2024-11-14 | No | 4 | M | Direct |
| 15,000 | 2016-11-14 | 2025-11-14 | No | 4 | M | Direct |
Footnotes
- The shares were sold in multiple transactions at prices ranging from $21.55 to $22.10. 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.
- The issuer issued Incentive Stock Options (right to buy) to the reporting person and Non-Qualified Stock Options (Right to Buy) to the reporting person on November 14, 2014 (originally reported as November 15, 2014). At the time of issuance, these stock options were properly reported on Form 4. The issuer has now exceeded alloted Incentive Stock Option amounts for the reporting person and has changed some of the Incentive Stock Options to be Non-Qualified Options. The total in Column 9 represents the total options (both Incentive Stock Options and Non-Qualified Stock Options) remaining from the grant, in the aggregate.
- The issuer issued Incentive Stock Options (right to buy) to the reporting person and Non-Qualified Stock Options (Right to Buy) to the reporting person on November 14, 2015. At the time of issuance, these stock options were properly reported on Form 4. The issuer has now exceeded alloted Incentive Stock Option amounts for the reporting person and has changed some of the Incentive Stock Options to be Non-Qualified Options. The total in Column 9 represents the total options (both Incentive Stock Options and Non-Qualified Stock Options) remaining from the grant, in the aggregate.
Billionaire Hedge Funds
