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ADT Inc. — Director's Dealing 2019
Mar 18, 2019
30799_dirs_2019-03-18_1352cf8d-9f1b-45ed-bacc-646cc830f20d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADT Inc. (ADT)
CIK: 0001703056
Period of Report: 2019-03-14
Reporting Person: Young Donald M. (EVP & Chief Info Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-14 | Restricted Stock Units | $ | A | 48543 | Acquired | Common Stock (48543.0) | Direct | |
| 2019-03-14 | Stock Options | $6.18 | A | 143540 | Acquired | 2029-03-14 | Common Stock (143540.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") was received as a grant under the ADT Inc. 2018 Omnibus Incentive Plan on March 14, 2019 and represents a contingent right to receive one share of ADT Inc. common stock upon vesting and settlement. The RSUs will vest in three equal instalments of 1/3 of the total grant on each of March 14, 2020, March 14, 2021 and March 14, 2022, generally subject to the reporting person's continued employment through such date.
F2: Amount of derivative securities beneficially owned only includes derivative securities of the same class that are beneficially owned by the reporting person that vest on the same vesting dates and have the same exercise price as the grant listed.
F3: The reporting person was granted stock options under the ADT Inc. 2018 Omnibus Incentive Plan on March 14, 2019. The stock options will vest in three equal instalments of 1/3 of the total grant on each of March 14, 2020, March 14, 2021 and March 14, 2022, generally subject to the reporting person's continued employment through such date.