Jeremy Skule - Feb 23, 2020 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, 2020
Transactions value $
-$1,179,180
Form type
4
Date filed
2/25/2022, 03:12 PM
Next filing
Sep 15, 2021

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 +15.8K +123.1% $0.00 28.7K Feb 23, 2020 Direct F1
transaction NDAQ Common stock, par value $0.01 per share Tax liability -$1.18M -7.01K -24.43% $168.19 21.7K Feb 23, 2020 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) 3,607 shares or units of restricted stock, of which none are vested, (ii) 17,355 shares underlying PSUs, all of which are vested and (iii) 727 shares purchased under the Employee Stock Purchase Plan.