AI assistant
ADT Inc. — Director's Dealing 2018
Aug 15, 2018
30799_dirs_2018-08-15_f4b0f73a-1e77-441e-b025-96a3416924da.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADT Inc. (ADT)
CIK: 0001703056
Period of Report: 2018-08-13
Reporting Person: Koedijk Jochen (SVP & Chief Marketing Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-13 | Restricted Stock Units | A | 240000 | — | Acquired | 240000 | Direct |
| 2018-08-13 | Restricted Stock Units | A | 32786 | — | Acquired | 272786 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-13 | Stock Options | $9.15 | A | 120000 | Acquired | 2028-08-13 | Common Stock (120000.0) | Direct |
| 2018-08-13 | Stock Options | $9.15 | A | 101822 | Acquired | 2028-08-13 | Common Stock (101822.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") was received as a grant under the ADT Inc. 2018 Omnibus Incentive Plan on August 13, 2018 for no consideration, and represents a contingent right to receive one share of ADT Inc. common stock upon vesting and settlement. The RSUs will "cliff vest" as to 100% of the RSUs on the third anniversary of the grant, generally subject to the reporting person's continued employment through such date.
F2: The reporting person was granted stock options on August 13, 2018, under the ADT Inc. 2018 Omnibus Incentive Plan. The stock options will "cliff vest" and become exercisable as to 100% of the stock options for $9.15 per share on the third anniversary of the grant, generally subject to the reporting person's continued employment through such date.