Benjamin Jackson - 18 Feb 2022 Form 4 Insider Report for Intercontinental Exchange, Inc. (ICE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Feb 2022, 15:43:50 UTC
Prior SEC filing
18 Feb 2022
Next SEC filing
07 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Octavia N. Spencer, Attorney-in-fact

Key filing fact

Benjamin Jackson filed Form 4 for Intercontinental Exchange, Inc. (ICE) on 23 Feb 2022.

Key facts

  • This page summarizes Benjamin Jackson's Form 4 filing for Intercontinental Exchange, Inc. (ICE).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 23 Feb 2022, 15:43.

Change

  • Previous filing in this sequence was filed on 18 Feb 2022.
  • Current net transaction value: -$1,144,534.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ICE transaction

Common Stock

Tax liability

Transaction value
$315,899
Shares
-2,571
Change %
-2.3%
Price
$122.87
Shares after
109,877
Date
18 Feb 2022
Ownership
Direct
Footnotes
F1
ICE transaction

Common Stock

Award

Transaction value
$0
Shares
+14,839
Change %
+14%
Price
$0.000000
Shares after
124,716
Date
18 Feb 2022
Ownership
Direct
Footnotes
F2
ICE transaction

Common Stock

Tax liability

Transaction value
$828,635
Shares
-6,744
Change %
-5.4%
Price
$122.87
Shares after
117,972
Date
18 Feb 2022
Ownership
Direct
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents shares of performance based restricted stock units granted to the filing person on February 8, 2019. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2019 earnings before interest, taxes, depreciation, and amortization ("EBITDA") performance versus pre-established targets. The restricted stock units vested over three years (1/3 on February 18, 2020, 1/3 on February 18, 2021 and 1/3 on February 18, 2022). Of the 5,656 shares that vested, 2,571 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The third and final tranche of shares for this award have been issued.

Footnote F2

Represents shares issued to the filing person in connection with the vesting of the three-year total shareholder return performance based restricted stock units ("TSR PSUs") granted on February 8, 2019. The payout amount for the TSR PSUs was determined based on the Issuer's stock price through December 31, 2021 and was based on the total shareholder return from January 1, 2019 through December 31, 2021 relative to the S&P 500.

Footnote F3

Represents shares of common stock underlying vested TSR PSUs that are being withheld to satisfy payment of the Issuer's tax withholding obligations.

Footnote F4

The common stock number referred in Table I is an aggregate number and represents 99,394 shares of common stock and 18,578 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 2022 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 2023 and will be reported at the time of vesting. The satisfaction of the 2020, 2021 and 2022 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 2023, February 2024 and February 2025, respectively, and will be reported at the time of vesting.

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