Edouard Tavernier - Dec 31, 2022 Form 4 Insider Report for S&P Global Inc. (SPGI)

Role
Head of Global Mobility
Signature
/s/ Alma Montanez, Attorney-in-Fact
Stock symbol
SPGI
Transactions as of
Dec 31, 2022
Transactions value $
$71,677
Form type
4
Date filed
1/4/2023, 05:02 PM
Previous filing
Mar 3, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPGI Common Stock Options Exercise $136K +405 +6.3% $334.94 6.84K Dec 31, 2022 Direct
transaction SPGI Common Stock Tax liability -$64K -191 -2.79% $334.94 6.64K Dec 31, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPGI Restricted Stock Units Options Exercise $0 -405 -32.95% $0.00 824 Dec 31, 2022 Common Stock 405 $0.00 Direct F1, F2
holding SPGI Restricted Stock Units 7.27K Dec 31, 2022 Common Stock 7.27K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of SPGI Common Stock.
F2 As previously reported, the reporting person was granted 1,229 restricted stock units on 03/01/2022, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2022 and will vest 33% on 12/31/2023 and 34% on 12/31/2024. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.
F3 Acquired as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of November 29, 2020, as amended on January 20, 2021, by and among IHS Markit Ltd. ("IHS Markit"), S&P Global Inc. ("SPGI") and Sapphire Subsidiary, Ltd. (the "Merger Agreement"). Pursuant to the Merger Agreement, each IHS Markit restricted stock unit was converted into an equivalent restricted stock unit in respect of SPGI's Common Stock based on the Exchange Ratio and rounded up to the nearest whole number of restricted stock units, with the same terms and conditions as those applied immediately prior to the consummation of the merger, except that IHS Markit outstanding performance-based restricted stock units were converted based on target performance-vesting conditions lapsed with respect thereto.