Form 4/A for ADT ADT Inc.
Accepted 2025-04-04 00:00:00 ET · period of report 2025-03-31 · accession 0001703056-25-000050 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2025-04-04 | 2025-03-31 | ADT | Likosar Jeffrey | CFO, Pres Corp Dev, Trans | A - Grant | $0.00 | +573.4K | 1.26M | +83% | $0 |
| DA | 2025-04-04 | 2025-03-31 | ADT | Likosar Jeffrey | CFO, Pres Corp Dev, Trans | A - Grant | $0.00 | +397.4K | 1.72M | +30% | $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 | 2025-03-31 | A | A | 573,387 | $0.00 | 1,263,781 | D | — | — | (F1) Represents shares of ADT Inc.'s common stock, par value $0.01 ("Common Stock") or stock options to purchase shares of Common Stock, as applicable, that were granted in 2018 subject to performance-based vesting requirements. After assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT Inc's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities, effective March 31, 2025. (F2) Due to a scrivener's error, the original Form 4 filed on April 2, 2025 on behalf of the Reporting Person inadvertently overstated the shares of Common Stock directly held by the Reporting Person, and understated the shares of Common Stock indirectly held by the Reporting Person through JSKC LLC (an LLC of which the Reporting Person is a member and manager), by 434,437 shares. This amendment is being filed to correct the classification of such 434,437 shares from a "direct" holding to an "indirect" holding and to adjust the respective balances in Column 5 of Table I, accordingly. The aggregate number of shares of Common Stock beneficially owned directly and indirectly by the Reporting Person remains unchanged. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2025-03-31 | A | A | 397,410 | $0.00 | 1,720,945 | D | $13.30 · 2025-03-31 to 2028-01-18 | 397,410 Common Stock | (F1) Represents shares of ADT Inc.'s common stock, par value $0.01 ("Common Stock") or stock options to purchase shares of Common Stock, as applicable, that were granted in 2018 subject to performance-based vesting requirements. After assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT Inc's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities, effective March 31, 2025. |