Andrew J. Surdykowski - Nov 10, 2021 Form 4 Insider Report for Intercontinental Exchange, Inc. (ICE)

Role
General Counsel
Signature
/s/ Octavia N. Spencer, Attorney-in-fact
Stock symbol
ICE
Transactions as of
Nov 10, 2021
Transactions value $
-$400,364
Form type
4
Date filed
11/12/2021, 03:33 PM
Previous filing
Aug 27, 2021
Next filing
Feb 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICE Common Stock Options Exercise $104K +2.5K +6.48% $41.59 41.1K Nov 10, 2021 Direct F1
transaction ICE Common Stock Options Exercise $104K +2.07K +5.04% $50.01 43.1K Nov 10, 2021 Direct F1
transaction ICE Common Stock Sale -$608K -4.5K -10.43% $135.08 38.6K Nov 10, 2021 Direct F1, F2

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 ICE Employee Stock Option (right to buy) Holding Options Exercise $0 -2.5K -50% $0.00 2.5K Nov 10, 2021 Common Stock 2.5K $41.59 Direct F3
transaction ICE Employee Stock Option (right to buy) Holding Options Exercise $0 -2.07K -16.36% $0.00 10.6K Nov 10, 2021 Common Stock 2.07K $50.01 Direct F3
* 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 31,998 shares of common stock and 6,651 unvested performance based restricted stock units, for which the performance period has been satisfied. These performance based restricted stock units vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2021 performance based restricted units 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. The satisfaction of the 2019, 2020 and 2021 total shareholder return performance based restricted stock units and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2022, February 2023 and February 2024, respectively, and will be reported at the time of vesting.
F3 These options are fully vested.