4//SEC Filing
King Elizabeth Kathryn 4
Accession 0000950170-25-021529
CIK 0001571949other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:35 PM ET
Size
9.2 KB
Accession
0000950170-25-021529
Insider Transaction Report
Form 4
King Elizabeth Kathryn
Global Head of Clearing & CRO
Transactions
- Tax Payment
Common Stock Holding
2025-02-13$166.56/sh−580$96,605→ 18,507 total - Tax Payment
Common Stock Holding
2025-02-12$166.94/sh−1,163$194,151→ 19,087 total
Footnotes (4)
- [F1]Represents shares of performance based restricted stock units granted to the filing person on February 3, 2023. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2023 earnings before interest, taxes, depreciation, and amortization ("EBITDA") performance versus pre-established targets. The restricted stock units vest over three years (1/3 on February 12, 2024, 1/3 on February 12, 2025 and 1/3 on February 12, 2026). Of the 8,621 shares, 2,874 were issued on February 12, 2025, of which 1,163 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 2,875 shares are scheduled to be issued on February 12, 2026 and taxes for this future issuance will be withheld and reported at the time the shares are issued.
- [F2]Represents shares of performance based restricted stock units granted to the filing person on February 4, 2022. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2022 earnings before interest, taxes, depreciation, and amortization ("EBITDA") performance versus pre-established targets. The restricted stock units vest over three years (1/3 on February 13, 2023, 1/3 on February 13, 2024 and 1/3 on February 13, 2025). Of the 4,285 shares, 1,429 were issued on February 13, 2025, of which 580 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The third and final tranche of shares for this award have been issued.
- [F3]The common stock number referred in Table I is an aggregate number and represents 12,491 shares of common stock, 3,141 unvested restricted stock units ("RSUs"), and 2,875 unvested performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three-year period, in which 33.33% of the units vest each year. The satisfaction of the 2024 one-year PSUs tied to earnings before interest, taxes, depreciation, and amortization, ("EBITDA") and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2025 and will be reported at the time of vesting.
- [F4]The satisfaction of the 2023, 2024 and 2025 three-year total shareholder return PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2026, February 2027 and February 2028, respectively, and will be reported at the time of vesting. The satisfaction of the 2024 and 2025 three-year EBITDA PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027 and February 2028, respectively, and will be reported at the time of vesting.
Documents
Issuer
Intercontinental Exchange, Inc.
CIK 0001571949
Entity typeother
Related Parties
1- filerCIK 0002006961
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:35 PM ET
- Size
- 9.2 KB