NASDAQ, INC. — Director's Dealing 2020

Apr 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NASDAQ, INC. (NDAQ)
CIK: 0001120193
Period of Report: 2020-04-01

Reporting Person: Ottersgard Lars (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-01	Common stock, par value $0.01 per share	A	2384	$0.00	Acquired	19446	Direct

Footnotes

F1: Represents shares or units of restricted stock granted pursuant to Nasdaq's Equity Incentive Plan, which vest as to 33% on April 1, 2022, 33% on April 1, 2023 and 34% on April 1, 2024.

F2: Represents (i) 11,680 shares underlying PSUs, all of which are vested, (ii) 2,384 shares or units of restricted stock, of which none are vested, and (iii) 5,382 shares purchased under the Employee Stock Purchase
Plan.