Borse Dubai LTD - Mar 22, 2024 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
10%+ Owner
Signature
/s/ Khalifa Al Daboos, By: Investment Corporation of Dubai, By: Khalifa Al Daboos, Authorized Signatory
Stock symbol
NDAQ
Transactions as of
Mar 22, 2024
Transactions value $
-$1,797,907,000
Form type
4
Date filed
3/22/2024, 04:30 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDAQ Common Stock, $0.01 per share Sale -$1.8B -31M -34.7% $58.00 58.3M Mar 22, 2024 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Common Stock of the Issuer, par value $0.01 per share ("Common Stock"), sold pursuant to a secondary offering of the Issuer which closed on March 22, 2024 (the "Offering"), including full exercise of the option granted to the underwriters to acquire additional shares. The material terms of the Offering are described in the prospectus supplement, dated March 19, 2024, filed by the Issuer with the Securities and Exchange Commission on March 21, 2024.
F2 This amount represents the per share price of Common Stock, as sold to the underwriters in connection with the Offering.
F3 The number of shares of Common Stock reported as beneficially owned reflects a 3-for-1 stock split completed by the Issuer on August 26, 2022.
F4 Borse Dubai Ltd. has direct beneficial ownership of the reported shares of Common Stock. Investment Corporation of Dubai is the majority shareholder of Borse Dubai Ltd. Investment Corporation of Dubai may, therefore, be deemed to have beneficial ownership of all of the reported shares of Common Stock.
F5 Each reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

Remarks:

Exhibit 99.1 (Joint Filing Agreement) is filed herewith and incorporated by reference herein