Bradley J. Peterson - 22 Feb 2023 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
Executive Vice President
Signature
/s/ Alex Kogan, by power of attorney
Issuer symbol
NDAQ
Transactions as of
22 Feb 2023
Net transactions value
-$2,387,694
Form type
4
Filing time
24 Feb 2023, 15:18:49 UTC
Previous filing
10 Nov 2022
Next filing
05 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDAQ Common Stock, par value $0.01 Award $0 +93,636 +77% $0.000000 215,805 22 Feb 2023 Direct F1
transaction NDAQ Common Stock, par value $0.01 Tax liability $2,387,694 -41,816 -19% $57.10 173,989 22 Feb 2023 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, 2020 through December 31, 2022.
F2 Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above.
F3 Represents (i) 107,109 shares or units of restricted stock, of which 17,673 are vested, (ii) 62,947 shares underlying PSUs, all of which are vested and (iii) 3,933 shares purchased under the Employee Stock Purchase Plan.