Form 4 for ICE Intercontinental Exchange
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-18 · accession 0001209191-22-012267 · 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 | 2022-02-23 | 2022-02-18 | ICE | Martin Lynn C | Pres, NYSE Group | F - Tax | $122.87 | -5,707 | 47.6K | -11% | -$701.2K |
| 2022-02-23 | 2022-02-18 | ICE | Martin Lynn C | Pres, NYSE Group | A - Grant | $0.00 | +8,093 | 51.7K | +19% | $0 |
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 | 2022-02-18 | F | D | 1,575 | $122.87 | 43,603 | D | — | — | (F1) Represents shares of performance based restricted stock units granted to the filing person on February 8, 2019. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2019 earnings before interest, taxes, depreciation, and amortization ("EBITDA") performance versus pre-established targets. The restricted stock units vested over three years (1/3 on February 18, 2020, 1/3 on February 18, 2021 and 1/3 on February 18, 2022). Of the 3,085 shares that vested, 1,575 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. |
| 2 | Common | Common Stock | 2022-02-18 | F | D | 4,132 | $122.87 | 47,564 | D | — | — | (F3) Represents shares of common stock underlying vested TSR PSUs that are being withheld to satisfy payment of the Issuer's tax withholding obligations. (F4) The common stock number referred in Table I is an aggregate number and represents 30,139 shares of common stock, 3,840 unvested restricted stock units ("RSUs"), and 13,585 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 2020, 2021 and 2022 total shareholder return PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2023, February 2024 and February 2025, respectively, and will be reported at the time of vesting. |
| 3 | Common | Common Stock | 2022-02-18 | A | A | 8,093 | $0.00 | 51,696 | D | — | — | (F2) 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 8, 2019. The payout amount for the TSR PSUs was determined based on the Issuer's stock price through December 31, 2021 and was based on the total shareholder return from January 1, 2019 through December 31, 2021 relative to the S&P 500. |