Adam Jason Kansler - Aug 4, 2022 Form 4 Insider Report for S&P Global Inc. (SPGI)

Signature
/s/ Alma Montanez, Attorney-in-Fact
Stock symbol
SPGI
Transactions as of
Aug 4, 2022
Transactions value $
-$6,589,806
Form type
4
Date filed
8/8/2022, 05:06 PM
Previous filing
Mar 3, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPGI Common Stock Sale -$5.37M -14.4K -34.94% $371.97 26.9K Aug 4, 2022 Direct F1
transaction SPGI Common Stock Sale -$1.22M -3.26K -12.12% $372.65 23.6K Aug 4, 2022 Direct F2
holding SPGI Common Stock 23.7K Aug 4, 2022 By Adam J. Kansler 2022 GRAT

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 2.5K Aug 4, 2022 Common Stock 2.5K $0.00 Direct F3, F4
holding SPGI Restricted Stock Units 13.2K Aug 4, 2022 Common Stock 13.2K $0.00 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.46 to $372.38, inclusive. The reporting person undertakes to provide to S&P Global Inc. ("SPGI"), any security holder of SPGI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.50 to $372.96, inclusive.
F3 Each restricted stock unit represents a contingent right to receive one share of SPGI Common Stock.
F4 As previously reported, the reporting person was granted 2,496 restricted stock units on 03/01/2022, subject to 3-year vesting. The restricted stock units will vest 33% on 12/31/2022, 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, these restricted stock units were 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"), 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.