Elizabeth Kathryn King - 03 Dec 2024 Form 4 Insider Report for Intercontinental Exchange, Inc. (ICE)

Signature
/s/ Octavia N. Spencer, Attorney-in-fact
Issuer symbol
ICE
Transactions as of
03 Dec 2024
Net transactions value
-$58,754
Form type
4
Filing time
05 Dec 2024, 16:30:06 UTC
Previous filing
08 Mar 2024
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICE Common Stock Holding Tax liability $58,754 -376 -2.7% $156.26 13,616 03 Dec 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock issued to the filing person on December 3, 2021. The restricted stock units vest over three years (1/3 on December 3, 2022, 1/3 on December 3, 2023 and 1/3 on December 3, 2024). Of the 2,304 shares, 768 shares were issued on December 3, 2024, of which 376 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The third and final tranche of shares for this award have been issued.
F2 Amount of securities beneficially owned includes 98 shares acquired under the Intercontinental Exchange, Inc. Employee Stock Purchase Plan on June 28, 2024.
F3 The common stock number referred in Table I is an aggregate number and represents 6,438 shares of common stock and 7,178 unvested performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The PSUs vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2024 PSUs tied to earnings before interest, taxes, depreciation, and amortization, ("EBITDA") and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2025 and will be reported at the time of vesting. The satisfaction of the 2022, 2023 and 2024 total shareholder return performance based restricted stock units and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2025, February 2026 and February 2027 respectively, and will be reported at the time of vesting.