Saugata Saha - Sep 5, 2023 Form 4 Insider Report for S&P Global Inc. (SPGI)

Role
President, Commodity Insights
Signature
/s/ Alma Montanez, Attorney-in-Fact
Stock symbol
SPGI
Transactions as of
Sep 5, 2023
Transactions value $
-$39,445
Form type
4
Date filed
9/7/2023, 02:55 PM
Previous filing
Aug 30, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPGI Common Stock Sale -$39.4K -100 -10.71% $394.45 834 Sep 5, 2023 Direct F1

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
holding SPGI Restricted Stock Units 4.66K Sep 5, 2023 Common Stock 4.66K $0.00 Direct F2, F3
holding SPGI Restricted Stock Units 1.03K Sep 5, 2023 Common Stock 1.03K $0.00 Direct F2, F4
holding SPGI Restricted Stock Units 1.78K Sep 5, 2023 Common Stock 1.78K $0.00 Direct F2, F5
holding SPGI Restricted Stock Units 367 Sep 5, 2023 Common Stock 367 $0.00 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/14/2023.
F2 Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.
F3 As previously reported, the reporting person was granted 4,661 restricted stock units on 02/01/2021, subject to 3-year cliff vesting. The restricted stock units will vest 100% on 02/01/2024.
F4 As previously reported, the reporting person was granted 1,536 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.
F5 As previously reported, the reporting person was granted 1,776 restricted stock units on 03/01/2023, subject to 3-year vesting. The restricted stock units will vest 33% on 12/31/2023, 33% on 12/31/2024 and 34% on 12/31/2025. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.
F6 As previously reported, the reporting person was granted 1,075 restricted stock units on 04/01/2021, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2021 and 33% on 12/31/2022 and the remaining 34% will vest on 12/31/2023. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.