| Company | Symbol | Price | Amount | Relationship | Remaining Holdings | Date | Form 4 |
| ADTN | $21.98 | 1,600 | Director | 8,600 | 2012-07-13 | Filing |
| ADTN | $21.93 | 7,000 | Director | 7,000 | 2012-07-13 | Filing |
| ADTN | $21.98 | 1,600 | Director | 8,600 | 2012-07-15 | Filing |
| ADTN | $21.93 | 7,000 | Director | 7,000 | 2012-07-15 | Filing |