Form 4 for MKTX MARKETAXESS HOLDINGS INC
Accepted 2023-04-05 00:00:00 ET · period of report 2023-04-03 · accession 0001209191-23-023307 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-04-05 | 2023-04-03 | MKTX | CONCANNON CHRISTOPHER R | CEO, Dir | A - Grant | $0.00 | +2,729 | 42.9K | +7% | $0 |
| D | 2023-04-05 | 2023-04-03 | MKTX | CONCANNON CHRISTOPHER R | CEO, Dir | A - Grant | $0.00 | +5,039 | 5,039 | New | $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, par value $0.003 per share | 2023-04-03 | A | A | 2,729 | $0.00 | 42,896 | D | — | — | (F1) Represents a grant of restricted stock units pursuant to the Company's 2020 Equity Incentive Plan (the "Plan"). Subject to the terms of the Plan and the Restricted Stock Unit Agreement, the restricted stock units will vest in three installments of 25% on April 3, 2026, 25% on April 3, 2027 and 50% on April 3, 2028. |
| 2 | Derivative | Performance Stock Units | 2023-04-03 | A | A | 5,039 | $0.00 | 5,039 | D | — · — to — | 5,039 Common Stock | (F2) Each performance stock unit ("PSU") granted pursuant to the Plan represents a contingent right to receive one share of the Company's common stock. 1,260 PSUs shall have a three-year performance period; 1,260 PSUs shall have a four-year performance period; and 2,519 PSUs shall have a five-year performance period. Subject to the terms of the Plan and the Performance Stock Unit Agreement, the PSUs will vest and shares of common stock shall be awarded for each performance period based upon achievement, as determined by the Company's Compensation Committee, of a compound annual growth rate performance metric, calculated using (i) a starting stock price equal to the average closing stock price of each trading day during the thirty (30) calendar days immediately preceding the Grant Date and (ii) an ending stock price equal to the average closing stock price of each trading day during the ninety (90) calendar days ending on the final day of the applicable Performance Period. |