Lynn C. Martin - Feb 24, 2022 Form 4 Insider Report for Intercontinental Exchange, Inc. (ICE)

Role
President, NYSE Group
Signature
/s/ Octavia N. Spencer, Attorney-in-fact
Stock symbol
ICE
Transactions as of
Feb 24, 2022
Transactions value $
-$444,674
Form type
4
Date filed
2/25/2022, 03:37 PM
Previous filing
Feb 23, 2022
Next filing
Dec 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICE Common Stock Options Exercise $217K +4.34K +9.12% $50.01 51.9K Feb 24, 2022 Direct F1
transaction ICE Common Stock Sale -$662K -5.47K -10.54% $120.95 46.4K Feb 24, 2022 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 -4.34K -34.31% $0.00 8.31K Feb 24, 2022 Common Stock 4.34K $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 29,008 shares of common stock, 3,840 unvested restricted stock units ("RSUs"), and 13,585 unvested performance based restricted stock units ("PSU's"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2022 PSUs 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 PSUs 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.
F3 These options are fully vested.