ADTRAN INC

CUSIP: 00738A106 Class: COMMON STOCK

Baker Avenue Asset Management, LP's Holding History (CIK: 0001432529)

Note: Option positions (PUT/CALL) are excluded.

Q3 2013
Shares 101,259 Value ($000) $2,698 Avg Close — Range —
Q2 2013
Shares 99,440 Value ($000) $2,448 Avg Close — Range —