Bryan Everard Smith - Jul 25, 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: Jul 25, 2022
Transactions value $: -$185,329
Form type: 4
Date filed: 7/27/2022, 04:03 PM
Previous filing: Apr 5, 2022
Next filing: Jan 4, 2023

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	Sale	-$185K	-1.08K	-7.06%	$171.76	14.2K	Jul 25, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.74 to $171.80, inclusive. The reporting person undertakes to provide to Nasdaq, any security holder of Nasdaq or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
F2	Represents (i) 4,124 shares or units of restricted stock, of which 290 are vested, (ii) 9,049 shares underlying PSUs, of which 7,668 are vested and (iii) 1,028 shares purchased under the Employee Stock Purchase Plan.

Content

The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.74 to $171.80, inclusive. The reporting person undertakes to provide to Nasdaq, any security holder of Nasdaq or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

Represents (i) 4,124 shares or units of restricted stock, of which 290 are vested, (ii) 9,049 shares underlying PSUs, of which 7,668 are vested and (iii) 1,028 shares purchased under the Employee Stock Purchase Plan.