4//SEC Filing
Finney Pelham Gray 4
Accession 0000950142-18-000171
CIK 0001703056other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 9:42 PM ET
Size
13.6 KB
Accession
0000950142-18-000171
Insider Transaction Report
Form 4
ADT, Inc.ADT
Finney Pelham Gray
SVP, Chief Legal Off. & Sec.
Transactions
- Award
Restricted Stock Units
2018-01-18+16,071→ 16,071 total - Award
Stock Options
2018-01-18$14.00/sh+84,350.5$1,180,907→ 84,350.5 totalExercise: $14.00Exp: 2028-01-18→ Stock Options (84,350.5 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
Stock Options
2018-01-18$14.00/sh+106,449$1,490,286→ 106,449 totalExercise: $14.00Exp: 2028-01-18→ Stock Options (106,449 underlying)
Footnotes (4)
- [F1]On each of July 1, 2015, and August 11, 2016, the reporting person was granted Class B units in Prime Security Services TopCo Parent, L.P. (the "July 2015 Award" and the "August 2016 Award," respectively). 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 of the "service tranche" of the July 2015 Award and the August 2016 Award, respectively (the "Top-Up Options"). (cont'd in FN 2)
- [F2](cont'd from FN 1) Forty percent of the Top-Up Options reported in Table II for the July 2015 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 July 1, 2018, and the remainder on July 23, 2018, generally subject to the reporting person's continued employment through each such date. Twenty percent of the Top-Up Options reported in Table II for the August 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.
- [F3]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.
- [F4]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 0001722781
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 9:42 PM ET
- Size
- 13.6 KB