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ADT Inc. — Director's Dealing 2019
Mar 18, 2019
30799_dirs_2019-03-18_96e79eec-1ddc-4e3b-a23e-ce5f265d0b52.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: Smail David W (EVP, CLO and Secretary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-14 | Restricted Stock Units | $ | A | 121359 | Acquired | Common Stock (121359.0) | Direct | |
| 2019-03-14 | Stock Options | $6.18 | A | 358851 | Acquired | 2029-03-14 | Common Stock (358851.0) | 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 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 under the ADT Inc. 2018 Omnibus Incentive Plan on March 14, 2019. The stock options will "cliff vest" as to 100% of the options on the third anniversary of the grant, generally subject to the reporting person's continued employment through such date.