Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Intercontinental Exchange, Inc. Director's Dealing 2022

May 27, 2022

29873_dirs_2022-05-27_d6997e2f-9601-462d-9b7d-cd6ae864f611.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Intercontinental Exchange, Inc. (ICE)
CIK: 0001571949
Period of Report: 2022-05-25

Reporting Person: Sprecher Jeffrey C (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-26 Common Stock M 63680 $41.37 Acquired 1359150 Direct
2022-05-26 Common Stock M 1751 $57.31 Acquired 1360901 Direct
2022-05-26 Common Stock S 18012 $97.8553 Disposed 1342889 Direct
2022-05-26 Common Stock S 29523 $98.8426 Disposed 1313366 Direct
2022-05-26 Common Stock S 36086 $99.6242 Disposed 1277280 Direct
2022-05-25 Common Stock S 5976 $97.3838 Disposed 3015729 Indirect
2022-05-25 Common Stock S 4024 $97.9965 Disposed 3011705 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-05-26 Employee Stock Option (right to buy) Holding $41.37 M 63680 Disposed 2024-01-17 Common Stock (63680) Direct
2022-05-26 Employee Stock Option (right to buy) Holding $57.31 M 1751 Disposed 2027-01-18 Common Stock (1751) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 81570 Indirect

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a pre-arranged trading plan established in accordance with Rule 10b5-1 of the Securities Act of 1934, as amended.

F2: The price range for the aggregate amount sold by the direct holder is $97.29 - $98.28. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.

F3: The price range for the aggregate amount sold by the direct holder is $98.29 - $99.28. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.

F4: The price range for the aggregate amount sold by the direct holder is $99.29 - $100.13. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.

F5: The common stock number referred in Table I is an aggregate number and represents 1,217,436 shares of common stock and 59,844 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 2022 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 2023 and will be reported at the time of vesting. The satisfaction of the 2020, 2021 and 2022 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 2023, February 2024 and February 2025, respectively, and will be reported at the time of vesting.

F6: The price range for the aggregate amount sold by the direct holder is $96.74 - $97.73. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.

F7: The price range for the aggregate amount sold by the direct holder is $97.74 - $98.49. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.

F8: As previously reported, the reporting person also indirectly owns 3,011,705 shares that are beneficially owned directly by CPEX. The reporting person beneficially owns 100% of the equity interest in CPEX. Additionally, as previously reported, the reporting person indirectly owns shares that are beneficially owned directly by the reporting person's spouse for which the reporting person disclaims beneficial ownership.

F9: As previously reported, the reporting person also indirectly owns 81,570 shares that are beneficially owned directly by the reporting person's spouse for which the reporting person disclaims beneficial ownership.

F10: These options are fully vested.