Warren Gardiner - 10 Nov 2021 Form 4 Insider Report for Intercontinental Exchange, Inc. (ICE)

Role: Chief Financial Officer
Signature: /s/ Octavia N. Spencer, Attorney-in-fact
Issuer symbol: ICE
Transactions as of: 10 Nov 2021
Net transactions value: -$175,604
Form type: 4
Filing time: 12 Nov 2021, 15:32:33 UTC
Previous filing: 20 May 2021
Next filing: 08 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ICE	Common Stock	Sale	$175,604	-1,300	-7.9%	$135.08	15,150	10 Nov 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The transactions reported in this Form 4 were effected pursuant to a pre-arranged trading plan established in accordance with Rule 10b5-1 of the Securities Act of 1934, as amended.
F2	The common stock number referred in Table I is an aggregate number and represents 5,100 shares of common stock and 4,680 unvested restricted stock units ("RSUs"), and 5,370 unvested performance based restricted stock units ("PSU's"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2021 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 2022 and will be reported at the time of vesting.

Content

The transactions reported in this Form 4 were effected pursuant to a pre-arranged trading plan established in accordance with Rule 10b5-1 of the Securities Act of 1934, as amended.

The common stock number referred in Table I is an aggregate number and represents 5,100 shares of common stock and 4,680 unvested restricted stock units ("RSUs"), and 5,370 unvested performance based restricted stock units ("PSU's"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2021 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 2022 and will be reported at the time of vesting.