Cohen Tal - Feb 20, 2024 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Signature
/s/ Alex Kogan, by power of attorney
Stock symbol
NDAQ
Transactions as of
Feb 20, 2024
Transactions value $
-$987,001
Form type
4
Date filed
2/22/2024, 04:43 PM
Previous filing
Apr 5, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction NDAQ Common Stock, par value $0.01 per share Award $0 +39.9K +31.95% $0.00 165K Feb 20, 2024 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability -$987K -17.8K -10.75% $55.54 148K Feb 20, 2024 Direct F2, F3

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2021 through December 31, 2023.
F2 Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above.
F3 Represents (i) 67,897 shares underlying PSUs, all of which are vested, (ii) 78,801 shares or units of restricted stock, of which 18,394 are vested and (iii) 886 shares purchased under the Employee Stock Purchase Plan.