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 2023

May 25, 2023

29873_dirs_2023-05-25_d6dad152-6f53-4ec9-b8e7-f6c3c2409c2d.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: 2023-05-23

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-23 Common Stock M 70442 $41.59 Acquired 1273546 Direct
2023-05-23 Common Stock S 82878 $107.8732 Disposed 1190668 Direct
2023-05-23 Common Stock S 2583 $108.4129 Disposed 1188085 Direct
2023-05-23 Common Stock S 29303 $107.8804 Disposed 2912402 Indirect
2023-05-23 Common Stock S 697 $108.4277 Disposed 2911705 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-23 Employee Stock Option (right to buy) Holding $41.59 M 70442 Disposed 2025-01-20 Common Stock (70442) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 81570 Indirect

Footnotes

F1: The price range for the aggregate amount sold by the direct holder is $107.30 - $108.29. 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.

F2: The price range for the aggregate amount sold by the direct holder is $108.30 - $108.64. 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 common stock number referred in Table I is an aggregate number and represents 1,146,700 shares of common stock and 41,385 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 2023 PSUs 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 2024 and will be reported at the time of vesting. The satisfaction of the 2021, 2022 and 2023 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 2024, February 2025 and February 2026, respectively, and will be reported at the time of vesting.

F4: The price range for the aggregate amount sold by the direct holder is $107.32 - $108.31. 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 price range for the aggregate amount sold by the direct holder is $108.32 - $108.64. 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.

F6: As previously reported, the reporting person also indirectly owns 2,911,705 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.

F7: 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.

F8: These options are fully vested.