4//SEC Filing
Darfler Jay 4
Accession 0000950142-18-000167
CIK 0001703056other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 9:41 PM ET
Size
10.7 KB
Accession
0000950142-18-000167
Insider Transaction Report
Form 4
ADT, Inc.ADT
Darfler Jay
SVP, Emerging Growth Markets
Transactions
- Award
Stock Options
2018-01-18$14.00/sh+57,345$802,830→ 57,345 totalExercise: $14.00Exp: 2028-01-18→ Stock Options (57,345 underlying) - Award
Stock Options
2018-01-18$14.00/sh+59,086$827,204→ 59,086 totalExercise: $14.00Exp: 2028-01-18→ Stock Options (59,086 underlying) - Award
Restricted Stock Units
2018-01-18+16,071→ 16,071 total
Footnotes (3)
- [F1]On November 21, 2016, the reporting person was granted Class B units in Prime Security Services TopCo Parent, L.P. (the "November 2016 Award"). On January 18, 2018, the reporting person was granted stock options under the ADT Inc. 2018 Omnibus Incentive Plan. The stock options reported in Table II vest in the same manner as the "service tranche" of the November 2016 Award (the "Top-Up Options"). Twenty percent of the Top-Up Options reported in Table II for the November 2016 Award are vested and exercisable as of the date of grant and the remainder of the Top-Up Options reported in Table II will vest and become exercisable as to 20% on May 2, 2018, and the remainder on July 23, 2018, generally subject to the reporting person's continued employment through each such date.
- [F2]Each restricted stock unit ("RSU") was received as a grant under the ADT Inc. 2018 Omnibus Incentive Plan on January 18, 2018, for no consideration, and represents a contingent right to receive one share of ADT Inc. common stock upon vesting and settlement. The RSUs will "cliff vest" as to 100% of the RSUs on the third anniversary of the date of grant, generally subject to the reporting person's continued employment through such date.
- [F3]The reporting person was granted stock options on January 18, 2018, under the ADT Inc. 2018 Omnibus Incentive Plan. The stock options will "cliff vest" and become exercisable as to 100% of the stock options on the third anniversary of the date of grant, generally subject to the reporting person's continued employment through such date.
Documents
Issuer
ADT, Inc.
CIK 0001703056
Entity typeother
Related Parties
1- filerCIK 0001722756
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 9:41 PM ET
- Size
- 10.7 KB