Frederick Philip Snow - 01 Aug 2023 Form 4 Insider Report for FACTSET RESEARCH SYSTEMS INC (FDS)

Signature
/s/ RACHEL R. STERN, Attorney in Fact for Frederick Philip Snow
Issuer symbol
FDS
Transactions as of
01 Aug 2023
Net transactions value
-$804,960
Form type
4
Filing time
01 Aug 2023, 16:51:12 UTC
Previous filing
01 Mar 2023
Next filing
05 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDS Common Stock Options Exercise $494,700 +3,000 +36% $164.90 11,247 01 Aug 2023 Direct
transaction FDS Common Stock Sale $1,299,660 -3,000 -27% $433.22 8,247 01 Aug 2023 Direct F1

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 -3,000 -5.9% $0.000000 48,000 01 Aug 2023 Common Stock 3,000 $164.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This Transaction was effected pursuant to a Rule 10b5-1 Plan adopted by Mr. Snow on April 27, 2023, with an effective date of August 1, 2023, 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.
F2 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.