Form 4 for ICE Intercontinental Exchange
Accepted 2024-02-07 00:00:00 ET · period of report 2024-02-05 · accession 0000950170-24-012345 · 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 | Sprecher Jeffrey C | CEO, Dir | A - Grant | $0.00 | +30.1K | 1.18M | +3% | $0 | |
| 2024-02-07 | 2024-02-05 | ICE | Sprecher Jeffrey C | CEO, Dir | F - Tax | $126.75 | -13.7K | 1.17M | -1% | -$1.73M |
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 | A | A | 30,124 | $0.00 | 1,182,499 | D | — | — | (F1) Represents shares issued to the filing person in connection with the vesting of the three-year total shareholder return performance based restricted stock units ("TSR PSUs") granted on February 5, 2021. The payout amount for the TSR PSUs was determined based on the Issuer's stock price through December 31, 2023 and was based on the total shareholder return from January 1, 2021 through December 31, 2023 relative to the S&P 500. |
| 2 | Common | Common Stock | 2024-02-05 | F | D | 13,659 | $126.75 | 1,168,840 | D | — | — | (F2) Represents shares of common stock underlying vested TSR PSUs that are being withheld to satisfy payment of the Issuer's tax withholding obligations. (F3) The common stock number referred in Table I is an aggregate number and represents 1,127,455 shares of common stock and 41,385 unvested performance based restricted stock units, for which the performance period has been satisfied. These 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. (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. |