Andrew J. Surdykowski - Aug 26, 2022 Form 4 Insider Report for Intercontinental Exchange, Inc. (ICE)

Role
General Counsel
Signature
/s/ Octavia N. Spencer, Attorney-in-fact
Stock symbol
ICE
Transactions as of
Aug 26, 2022
Transactions value $
-$168,600
Form type
4
Date filed
8/30/2022, 04:20 PM
Previous filing
Feb 25, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICE Common Stock Options Exercise $41.6K +1K +2.35% $41.59 43.5K Aug 26, 2022 Direct F1, F2
transaction ICE Common Stock Options Exercise $57.3K +1K +2.3% $57.31 44.5K Aug 26, 2022 Direct F1
transaction ICE Common Stock Sale -$268K -2.5K -5.62% $107.00 42K Aug 26, 2022 Direct F1, F3

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 -1K -40% $0.00 1.5K Aug 26, 2022 Common Stock 1K $41.59 Direct F4
transaction ICE Employee Stock Option (right to buy) Holding Options Exercise $0 -1K -8.74% $0.00 10.4K Aug 26, 2022 Common Stock 1K $57.31 Direct F4
* 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 Amount of securities beneficially owned includes 132 shares acquired under the Intercontinental Exchange, Inc. Employee Stock Purchase Plan on June 30, 2022.
F3 The common stock number referred in Table I is an aggregate number and represents 35,624 shares of common stock and 6,383 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.
F4 These options are fully vested.