Home/Filings/4/0001209191-23-013227
4//SEC Filing

FRIEDMAN ADENA T 4

Accession 0001209191-23-013227

CIK 0001120193other

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 4:55 PM ET

Size

12.0 KB

Accession

0001209191-23-013227

Insider Transaction Report

Form 4
Period: 2023-02-23
FRIEDMAN ADENA T
DirectorChair and CEO
Transactions
  • Tax Payment

    Common Stock, par value $0.01 per share

    2023-02-23$57.20/sh234,683$13,423,8681,630,948 total
  • Award

    Common Stock, par value $0.01 per share

    2023-02-23+468,1861,865,631 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 to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2020 through December 31, 2022.
  • [F2]Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above.
  • [F3]Represents (i) 372,843 shares or units of restricted stock, of which 254,481 are vested, (ii) 1,154,752 vested shares underlying PSUs and (iii) 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. Total shares reported reflect the Company's three-for-one stock split, which was effected through a stock dividend on August 26, 2022.
  • [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. Total shares reported reflect the Company's three-for-one stock split, which was effected through a stock dividend on August 26, 2022.
  • [F5]The option vests on January 3, 2027.
  • [F6]Options exercisable.

Issuer

NASDAQ, INC.

CIK 0001120193

Entity typeother

Related Parties

1
  • filerCIK 0001240169

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:55 PM ET
Size
12.0 KB