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Intercontinental Exchange, Inc. — Director's Dealing 2024
Feb 7, 2024
29873_dirs_2024-02-07_1f361b48-6fdb-4e24-a60b-3de5efa88462.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Intercontinental Exchange, Inc. (ICE)
CIK: 0001571949
Period of Report: 2024-02-05
Reporting Person: King Elizabeth Kathryn (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-05 | Common Stock Holding | A | 3502 | — | Acquired | 22661 | Direct |
| 2024-02-05 | Common Stock Holding | F | 1636 | $126.75 | Disposed | 21025 | Direct |
Footnotes
F1: Represents shares issued to the filing person in connection with the vesting of the three-year total shareholder return performance based restricted stock units ("TSR PSUs") granted on February 5, 2021. The payout amount for the TSR PSUs was determined based on the Issuer's stock price through December 31, 2023 and was based on the total shareholder return from January 1, 2021 through December 31, 2023 relative to the S&P 500.
F2: Represents shares of common stock underlying vested TSR PSUs that are being withheld to satisfy payment of the Issuer's tax withholding obligations.
F3: The common stock number referred in Table I is an aggregate number and represents 15,357 shares of common stock and 768 unvested restricted stock units ("RSUs"), and 4,900 unvested performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The RSUs and PSUs 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 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 2025 and February 2026, respectively, and will be reported at the time of vesting.