NASDAQ, INC. — Director's Dealing 2017

Mar 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NASDAQ, INC. (NDAQ)
CIK: 0001120193
Period of Report: 2017-03-14

Reporting Person: SWANSTROM STACIE (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-14	Common Stock, par value $0.01 per share	M	1012	$20.04	Acquired	20323	Direct
2017-03-14	Common Stock, par value $0.01 per share	S	1012	$70.76	Disposed	19311	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-14	Employee Stock Option (Right to Buy)	$20.04	M	1012	Disposed	2017-08-03	Common Stock (1012)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$25.28	2021-03-28	Common Stock (2833)	2833	Direct

Footnotes

F1: Represents (i) 5,027 shares or units of restricted stock, of which 4,095 are vested, (ii) 13,319 shares underlying PSUs, of which 4,874 shares are vested and (iii) 965 shares purchased under the Employee Stock Purchase Plan.

F2: Options exercisable.