4//SEC Filing
Edmonds Christopher Scott 4
Accession 0000950170-25-024207
CIK 0001571949other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:30 PM ET
Size
10.4 KB
Accession
0000950170-25-024207
Insider Transaction Report
Form 4
Edmonds Christopher Scott
President, Fixed Income & Data
Transactions
- Award
Common Stock
2025-02-18+7,191→ 25,906 total - Tax Payment
Common Stock
2025-02-18$166.71/sh−1,100$183,381→ 24,806 total - Sale
Common Stock
2025-02-19$166.99/sh−6,834$1,141,223→ 17,972 total
Footnotes (6)
- [F1]Represents shares of performance based restricted stock units granted to the filing person on February 12, 2024. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2024 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 15, 2025, 1/3 on February 15, 2026 and 1/3 on February 15, 2027). Of the 7,191 shares, 2,396 were issued on February 18, 2025, of which 1,100 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 4,795 shares are scheduled to be issued on the two remaining vesting dates and taxes for these future issuances will be withheld and reported at the time the shares are issued.
- [F2]Represents shares of common stock underlying vested restricted stock units that are being withheld to satisfy payment of the Issuer's tax withholding obligation.
- [F3]This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of March 4, 2024.
- [F4]The common stock number referred in Table I is an aggregate number and represents 2,911 shares of common stock, 5,954 unvested restricted stock units ("RSUs"), and 9,107 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.
- [F5]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.
- [F6]The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period.
Documents
Issuer
Intercontinental Exchange, Inc.
CIK 0001571949
Entity typeother
Related Parties
1- filerCIK 0001919795
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:30 PM ET
- Size
- 10.4 KB