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4//SEC Filing

Vice Charles A 4

Accession 0001209191-20-009383

CIK 0001571949other

Filed

Feb 12, 7:00 PM ET

Accepted

Feb 13, 6:01 PM ET

Size

6.8 KB

Accession

0001209191-20-009383

Insider Transaction Report

Form 4
Period: 2020-02-11
Vice Charles A
President&Chief Op. Officer
Transactions
  • Tax Payment

    Common Stock

    2020-02-11$94.76/sh7,232$685,304349,182 total
Footnotes (2)
  • [F1]Represents shares of performance based restricted stock units granted to the filing person on February 8, 2018. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2018 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 11, 2019, 1/3 on February 11, 2020 and 1/3 on February 11, 2021). Of the 31,849 shares remaining, 15,924 were issued on February 11, 2020, of which 7,232 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 15,925 shares are scheduled to be issued on February 11, 2021 and taxes for this future issuance will be withheld and reported at the time the shares are issued.
  • [F2]The common stock number referred in Table I is an aggregate number and represents 316,680 shares of common stock and 32,502 unvested performance based restricted stock units, for which the performance period has been satisfied. These performance based restricted stock units vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2019 performance based restricted units 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 2020 and will be reported at the time of vesting. The satisfaction of the 2017, 2018 and 2019 total shareholder return performance based restricted stock units and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2020, February 2021 and February 2022, respectively, and will be reported at the time of vesting.

Issuer

Intercontinental Exchange, Inc.

CIK 0001571949

Entity typeother

Related Parties

1
  • filerCIK 0001343884

Filing Metadata

Form type
4
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 6:01 PM ET
Size
6.8 KB