Adtran Holdings, Inc. : Notification and public disclosure of transactions by persons
August 16, 2022 at 03:22 pm EDT
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
16.08.2022 / 21:20 CET/CEST
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
Title:
First name:
Thomas R.
Last name(s):
Stanton
2. Reason for the notification
a) Position / status
Position:
Chairman of the Board of Directors
b) Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
Adtran Holdings, Inc.
b) LEI
549300VV36J86CRRWF77
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
Type:
Share
ISIN:
US00486H1059
b) Nature of the transaction
Acquisition of 11,606 shares in ADTRAN Holdings, Inc. (ISIN US00486H1059) due to the exercise of 69,473 stock options pur-suant to the 2006 Employee Stock Incentive Plan. 57,867 shares in ADTRAN Holdings, Inc. (ISIN US00486H1059) were surrendered to ADTRAN Holdings, Inc. to cover the exercise price and tax withholding at a market price of US$ 24.25.
c) Price(s) and volume(s)
Price(s)
Volume(s)
16.97 USD
196953.82 USD
d) Aggregated information
Price
Aggregated volume
16.97 USD
196953.82 USD
e) Date of the transaction
11/08/2022; UTC+2
f) Place of the transaction
Outside a trading venue
16.08.2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
ADTRAN Holdings, Inc. is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates through two segments: Network Solutions segment, which includes hardware and software products, and Services & Support segment, which includes a portfolio of network design and implementation services, support services and cloud-hosted software-as-a-service (SaaS) applications. The two segments span across Subscriber Solutions, Access & Aggregation Solutions, and Optical Networking Solutions. Its Subscriber Solutions portfolio is used by service providers to terminate their access services infrastructure at the customer's premises. Access & Aggregation Solutions are solutions that are used by communications service providers to connect subscribers. Optical Networking Solutions are used by communications service providers, Internet content providers and large enterprises to securely interconnect metro and regional networks over fiber.
ADTRAN HOLDINGS, INC. 
