Robert Fauber - 17 Jul 2023 Form 4 Insider Report for MOODYS CORP /DE/ (MCO)

Signature
Elizabeth McCarroll, by power of attorney for Robert Fauber
Issuer symbol
MCO
Transactions as of
17 Jul 2023
Net transactions value
-$161,876
Form type
4
Filing time
19 Jul 2023, 16:28:09 UTC
Previous filing
17 Jul 2023
Next filing
17 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCO Common Stock Options Exercise $47,840 +592 +0.9% $80.81 66,430 17 Jul 2023 Direct F1
transaction MCO Common Stock Sale $209,716 -592 -0.89% $354.25 65,838 17 Jul 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 MCO Employee Stock Option (right to buy) Options Exercise $0 -592 -100% $0.000000* 0 17 Jul 2023 Common Stock 592 $80.81 Direct F1, 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 Exercise and sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on May 18, 2022.
F2 One fourth of options vest each year beginning with the date indicated.