FRIEDMAN ADENA T 4
4 · NASDAQ, INC. · Filed Mar 14, 2025
Insider Transaction Report
Form 4
NASDAQ, INC.NDAQ
FRIEDMAN ADENA T
DirectorChair and CEO
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2025-03-12$72.29/sh−85,011$6,145,445→ 1,906,977 total - Award
Common Stock, par value $0.01 per share
2025-03-12+168,125→ 1,991,988 total
Holdings
- 73,500(indirect: By Trust)
Common Stock, par value $0.01 per share
- 73,500(indirect: By Trust)
Common Stock, par value $0.01 per share
- 306,936
Employee Stock Option (Right to Buy)
Exercise: $67.48Exp: 2032-01-03→ Common Stock (306,936 underlying) - 806,451
Employee Stock Option (Right to Buy)
Exercise: $22.22Exp: 2027-01-03→ Common Stock (806,451 underlying)
Footnotes (6)
- [F1]Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares of Common Stock to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2022 through December 31, 2024.
- [F2]Represents shares of Common Stock withheld for taxes in connection with the settlement of PSUs, as described above.
- [F3]Represents (i) 422,524 shares or units of restricted stock, of which 293,348 are vested, (ii) 1,371,100 vested shares of common stock underlying PSUs, (iii) 10,000 shares of common stock acquired through open market purchases, and (iv) 103,353 shares granted under Nasdaq's Equity Incentive Plan or acquired under Nasdaq's Employee Stock Purchase Plan when Ms. Friedman was previously an employee of Nasdaq prior to returning as President in 2014.
- [F4]Reflects shares gifted for estate planning purposes to a family trust for the benefit of the reporting person's child, of which the reporting person's spouse is the trustee and the reporting person's brother is the investment advisor.
- [F5]The options vest on January 3, 2027.
- [F6]The options are currently exercisable.