Form 4 for ICE Intercontinental Exchange
Accepted 2024-02-07 00:00:00 ET · period of report 2024-02-05 · accession 0000950170-24-012343 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-02-07 | 2024-02-05 | ICE | Namkung James W | CAO | F - Tax | $126.75 | -131 | 17.6K | -0.7% | -$16.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-05 | F | D | 131 | $126.75 | 17,578 | D | — | — | (F1) Represents shares of restricted stock issued to the filing person on February 5, 2021. The restricted stock units vest over three years (1/3 on February 5, 2022, 1/3 on February 5, 2023 and 1/3 on February 5, 2024). Of the 1,313 shares, the remaining 438 shares were issued on February 5, 2024, of which 131 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The third and final tranche of shares for this award have been issued. (F3) The common stock number referred in Table I is an aggregate number and represents 14,596 shares of common stock and 2,982 unvested performance based restricted stock units, for which the performance period has been satisfied. The performance based restricted stock units vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2023 PSUs tied to earnings before interest, taxes, depreciation, and amortization, ("EBITDA") and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2024 and will be reported at the time of vesting. The satisfaction of the 2022 and 2023 total shareholder return performance based restricted stock units and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2025 and February 2026, respectively, and will be reported at the time of vesting. (F2) Amount of securities beneficially owned includes 110 shares acquired under the Intercontinental Exchange, Inc. Employee Stock Purchase Plan on December 29, 2023. (F4) The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period. |