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

Role
General Counsel
Signature
/s/ Octavia N. Spencer, Attorney-in-fact
Issuer symbol
ICE
Transactions as of
10 Nov 2021
Net transactions value
-$400,364
Form type
4
Filing time
12 Nov 2021, 15:33:06 UTC
Previous filing
27 Aug 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 Options Exercise $103,975 +2,500 +6.5% $41.59 41,079 10 Nov 2021 Direct F1
transaction ICE Common Stock Options Exercise $103,521 +2,070 +5% $50.01 43,149 10 Nov 2021 Direct F1
transaction ICE Common Stock Sale $607,860 -4,500 -10% $135.08 38,649 10 Nov 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 -2,500 -50% $0.000000 2,500 10 Nov 2021 Common Stock 2,500 $41.59 Direct F3
transaction ICE Employee Stock Option (right to buy) Holding Options Exercise $0 -2,070 -16% $0.000000 10,580 10 Nov 2021 Common Stock 2,070 $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.