Home/Filings/4/0000950170-25-039388
4//SEC Filing

FRIEDMAN ADENA T 4

Accession 0000950170-25-039388

CIK 0001120193other

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 4:01 PM ET

Size

11.6 KB

Accession

0000950170-25-039388

Insider Transaction Report

Form 4
Period: 2025-03-12
FRIEDMAN ADENA T
DirectorChair and CEO
Transactions
  • Tax Payment

    Common Stock, par value $0.01 per share

    2025-03-12$72.29/sh85,011$6,145,4451,906,977 total
  • Award

    Common Stock, par value $0.01 per share

    2025-03-12+168,1251,991,988 total
Holdings
  • Common Stock, par value $0.01 per share

    (indirect: By Trust)
    73,500
  • Common Stock, par value $0.01 per share

    (indirect: By Trust)
    73,500
  • Employee Stock Option (Right to Buy)

    Exercise: $67.48Exp: 2032-01-03Common Stock (306,936 underlying)
    306,936
  • Employee Stock Option (Right to Buy)

    Exercise: $22.22Exp: 2027-01-03Common Stock (806,451 underlying)
    806,451
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.

Documents

1 file

Issuer

NASDAQ, INC.

CIK 0001120193

Entity typeother

Related Parties

1
  • filerCIK 0001240169

Filing Metadata

Form type
4
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 4:01 PM ET
Size
11.6 KB