NASDAQ, INC. — Director's Dealing 2017

May 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NASDAQ, INC. (NDAQ)
CIK: 0001120193
Period of Report: 2017-04-27

Reporting Person: Wedenborn Lars (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-27	Common Stock, par value $0.01 per share	S	10000	$68.38	Disposed	15000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	10000	Indirect
Common Stock, par value $0.01 per share	4350	Direct

Footnotes

F1: Represents shares of common stock acquired through purchases.

F2: The shares are held by a pension insurance fund in the name of FAM AB, which is Mr. Wedenborn's employer.

F3: The shares are held by a pension insurance fund in the name of Investor AB, which is Mr. Wedenborn's former employer.

F4: Represents shares or units of unvested restricted stock granted under Nasdaq's Equity Incentive Plan.