Frederick Philip Snow - Nov 1, 2022 Form 4 Insider Report for FACTSET RESEARCH SYSTEMS INC (FDS)

Signature
/s/ RACHEL R. STERN, Attorney in Fact for Frederick Philip Snow
Stock symbol
FDS
Transactions as of
Nov 1, 2022
Transactions value $
-$2,200,625
Form type
4
Date filed
11/3/2022, 06:57 PM
Previous filing
Oct 4, 2022
Next filing
Dec 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDS Common Stock Award $0 +7.81K +192.49% $0.00 11.9K Nov 1, 2022 Direct F1
transaction FDS Common Stock Tax liability -$1.54M -3.62K -30.5% $426.25 8.25K Nov 1, 2022 Direct F2
transaction FDS Common Stock Options Exercise $412K +2.5K +30.31% $164.90 10.7K Nov 1, 2022 Direct
transaction FDS Common Stock Sale -$1.07M -2.5K -23.26% $427.94 8.25K Nov 1, 2022 Direct F3

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) Award $0 +19.9K $0.00 19.9K Nov 1, 2022 Common Stock 19.9K $426.25 Direct F4
transaction FDS Employee Stock Option (right to buy) Options Exercise $0 -2.5K -3.85% $0.00 62.5K Nov 1, 2022 Common Stock 2.5K $164.90 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock received upon the vesting on November 1, 2022, of performance share units ("PSUs") granted on November 1, 2019. Each PSU converted into 1.279 shares of common stock upon vesting based on the Company's performance during the three-fiscal year period beginning September 1, 2019 and ending August 31, 2022 (the "Performance Period") measured against performance goals established for the Performance Period based 50% on the Company's adjusted cumulative operating earnings and 50% on the Company's adjusted cumulative revenues during the Performance Period.
F2 Represents the number of shares withheld to cover the cost of taxes upon vesting on November 1, 2022, of PSUs granted on November 1, 2019.
F3 This Transaction was effected pursuant to a Rule 10b5-1 Plan adopted by Mr. Snow on September 29, 2021, with an effective date of January 1, 2022, in order to facilitate his exercise of non-qualified stock options. Accordingly, Mr. Snow had no discretion with regard to the timing of the transaction.
F4 Options vest 20% annually on the anniversary date of the grant and are fully vested after five years.
F5 Options were granted on July 1, 2015, and vest over a nine year period with 11.11% exercisable on each of the first nine anniversaries of the date of grant.