Form 4 for ADT ADT Inc.
Accepted 2024-05-23 00:00:00 ET · period of report 2024-05-21 · accession 0001703056-24-000056 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-05-23 | 2024-05-21 | ADT | DeVries James David | COB, Pres, CEO, Dir | A - Grant | $0.00 | +559.6K | 3.01M | +23% | $0 |
| D | 2024-05-23 | 2024-05-21 | ADT | DeVries James David | COB, Pres, CEO, Dir | A - Grant | $0.00 | +387.9K | 1.16M | +50% | $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 | 2024-05-21 | A | A | 559,597 | $0.00 | 3,006,339.50 | I Bethel Ventures LLC | — | — | (F1) Represents stock options that were granted in 2018 subject to performance-based vesting requirements. On May 21, 2024, after assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT 's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities. (F2) An LLC of which the reporting person is the manager with full control, and a beneficial owner together with a family gift trust. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2024-05-21 | A | A | 387,853 | $0.00 | 1,163,560 | D | $13.30 · 2024-05-21 to 2028-01-18 | 387,853 Common Stock | (F1) Represents stock options that were granted in 2018 subject to performance-based vesting requirements. On May 21, 2024, after assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT 's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities. |