4//SEC Filing
Surdykowski Andrew J 4
Accession 0000950170-25-024212
CIK 0001571949other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:30 PM ET
Size
8.8 KB
Accession
0000950170-25-024212
Insider Transaction Report
Form 4
Surdykowski Andrew J
General Counsel
Transactions
- Award
Common Stock
2025-02-18+4,315→ 53,283 total - Tax Payment
Common Stock
2025-02-18$166.71/sh−648$108,028→ 52,635 total
Footnotes (5)
- [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 4,315 shares, 1,437 were issued on February 18, 2025, of which 648 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 2,878 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]The common stock number referred in Table I is an aggregate number and represents 43,741 shares of common stock, 3,141 unvested restricted stock units ("RSUs"), and 5,753 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.
- [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.
- [F5]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 0001755922
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:30 PM ET
- Size
- 8.8 KB