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Stock Trading History of Nichols Roy J

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 Nichols Roy J since year 2005. The trader's CIK number is 937725. At the time of this reporting, Nichols Roy J is the Director of Adtran Inc (stock ticker symbol ADTN).

Stock purchases, sales, and option exercises reported by *Nichols Roy J* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-11-14	ADTN	Adtran Inc	Option Exercise	4,000	13.75	55,000
2005-07-07	ADTN	Adtran Inc	Sale	14,732	25.66	378,023
2005-07-06	ADTN	Adtran Inc	Sale	1,145	25.74	29,472
2005-06-30	ADTN	Adtran Inc	Sale	1,224	25.05	30,661
2006-01-24	ADTN	Adtran Inc	Purchase	1,764	27.28	48,121

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 Nichols Roy J (Director of Adtran Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.