Bryan Everard Smith - Feb 23, 2022 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
Executive Vice President
Signature
/s/ Alex Kogan, by power of attorney
Stock symbol
NDAQ
Transactions as of
Feb 23, 2022
Transactions value $
-$485,733
Form type
4
Date filed
2/25/2022, 03:11 PM
Previous filing
Jan 4, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDAQ Common Stock, par value $0.01 per share Award $0 +6.79K +64.43% $0.00 17.3K Feb 23, 2022 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability -$486K -2.89K -16.68% $168.19 14.4K Feb 23, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2019 through December 31, 2021.
F2 Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above.
F3 Represents (i) 3,275 shares or units of restricted stock, of which none are vested, (ii) 10,128 shares underlying PSUs, of which 8,747 are vested and (iii) 1,028 shares purchased under the Employee Stock Purchase Plan.