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Stock Trading History of Smith Mark Clay

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Smith Mark Clay since year 2005. The trader's CIK number is 1431200. At the time of this reporting, Smith Mark Clay is the 10% Owner of Adtran Inc . (stock ticker symbol ADTN). See this page for all insider trading activities at Adtran Inc .

Stock purchases, sales, and option exercises reported by insider *Smith Mark Clay* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2008-04-24	ADTN	Adtran Inc	Sale	772,518	22.58	17,443,147

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Smith Mark Clay (10% Owner of Adtran Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.