Rachel R. Stern - Aug 12, 2021 Form 4 Insider Report for FACTSET RESEARCH SYSTEMS INC (FDS)

Role: EVP, Chief Legal Officer
Signature: /s/ Rachel R. Stern
Stock symbol: FDS
Transactions as of: Aug 12, 2021
Transactions value $: -$1,509,203
Form type: 4
Date filed: 8/13/2021, 05:15 PM
Next filing: Nov 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FDS	Common Stock	Options Exercise	$383K	+2.92K		$131.31	2.92K	Aug 12, 2021	Direct
transaction	FDS	Common Stock	Options Exercise	$465K	+2.66K	+90.96%	$175.20	5.58K	Aug 12, 2021	Direct
transaction	FDS	Common Stock	Options Exercise	$114K	+1.23K	+22.11%	$92.22^*	6.81K	Aug 12, 2021	Direct
transaction	FDS	Common Stock	Sale	-$2.47M	-6.81K	-100%	$363.00	0	Aug 12, 2021	Direct

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
transaction	FDS	Employee Stock Option (right to buy)	Options Exercise	$0	-2.92K	-100%	$0.00^*	0	Aug 12, 2021	Common Stock	2.92K	$131.31	Direct	F1
transaction	FDS	Employee Stock Option (right to buy)	Options Exercise	$0	-2.66K	-100%	$0.00^*	0	Aug 12, 2021	Common Stock	2.66K	$175.20	Direct	F2
transaction	FDS	Employee Stock Option (right to buy)	Options Exercise	$0	-1.23K	-100%	$0.00^*	0	Aug 12, 2021	Common Stock	1.23K	$92.22	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options were granted on November 3, 2014 and vest over a five year period with 60% exercisable on the third anniversary of the date of grant and 40% exercisable on the fifth anniversary of the date of grant.
F2	Options were granted on November 2, 2015 and vest ratably at 20% per year over five years upon the anniversary of the date of grant.
F3	Options were granted on November 1, 2012 and are performance-based awards which vest based on the achievement by the issuer of certain financial performance criteria. These options vest over a five year period, with 40% exercisable on the second anniversary of the date of grant, with the remainder vesting at a rate of 1.67% per month thereafter.