Form 4 for ICE Intercontinental Exchange
Accepted 2022-02-09 00:00:00 ET · period of report 2022-02-07 · accession 0001209191-22-008112 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-02-09 | 2022-02-07 | ICE | Namkung James W | CAO | F - Tax | $127.68 | -268 | 15.8K | -2% | -$34.2K |
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 | 2022-02-07 | F | D | 132 | $127.68 | 15,621 | D | — | — | (F3) 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, 437 shares were issued on February 7, 2022, of which 132 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 876 shares are scheduled to be issued on the two remaining vesting dates and taxes for these future issuances will be withheld and reported at the time the shares are issued. (F4) The common stock number referred in Table I is an aggregate number and represents 8,760 shares of common stock and 1,873 unvested restricted stock units ("RSUs"), and 4,988 unvested performance based restricted stock units ("PSU's"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2022 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 2023 and will be reported at the time of vesting. The satisfaction of the 2022 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 will be reported at the time of vesting. |
| 2 | Common | Common Stock | 2022-02-07 | F | D | 136 | $127.68 | 15,753 | D | — | — | (F1) Represents shares of restricted stock issued to the filing person on February 7, 2020. The restricted stock units vest over three years (1/3 on February 7, 2021, 1/3 on February 7, 2022 and 1/3 on February 7, 2023). Of the 1,349 shares, 450 shares were issued on February 7, 2022, of which 136 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 450 shares are scheduled to be issued on February 7, 2023 and taxes for this issuance will be withheld and reported at the time of vesting. (F2) Amount of securities beneficially owned includes 105 shares acquired under the Intercontinental Exchange, Inc. Employee Stock Purchase Plan on December 31, 2021. |