NICHOLS ROY J - Insider Transactions

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Ticker	Owner	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
ADTN	NICHOLS ROY J	Director	Apr 22	Sale	17.50	12,485	218,479	57,371	Mar 09 05:41 PM
ADTN	NICHOLS ROY J	Director	Nov 28	Option Exercise	19.20	4,166	79,987	25,285	Dec 02 04:28 PM
ADTN	NICHOLS ROY J	Director	Nov 30	Option Exercise	16.45	10,000	164,500	25,989	Dec 03 05:57 PM
ADTN	NICHOLS ROY J	Director	Nov 30	Sale	20.01	10,000	200,104	15,989	Dec 03 05:57 PM
ADTN	NICHOLS ROY J	Director	Feb 09	Option Exercise	8.70	10,000	86,950	27,654	Feb 13 06:38 PM

ADTN	NICHOLS ROY J	Director	Nov 29	Buy	31.33	6	188	6	Dec 01 04:28 PM
ADTN	NICHOLS ROY J	Director	Nov 29	Option Exercise	10.62	10,000	106,250	14,000	Dec 01 02:45 PM
ADTN	NICHOLS ROY J	Director	Nov 20	Option Exercise	9.16	4,000	36,628	8,000	Nov 21 04:59 PM

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