Cohen Tal - Apr 3, 2023 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
President, Market Platforms
Signature
/s/ Alex Kogan, by power of attorney
Stock symbol
NDAQ
Transactions as of
Apr 3, 2023
Transactions value $
-$649,645
Form type
4
Date filed
4/5/2023, 04:13 PM
Previous filing
Feb 24, 2023
Next filing
Feb 22, 2024

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 +9.19K +7.19% $0.00 137K Apr 3, 2023 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability -$650K -11.9K -8.72% $54.40 125K Apr 3, 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 shares or units of restricted stock granted pursuant to Nasdaq's Equity Incentive Plan, which vest as to 33% on April 3, 2025, 33% on April 3, 2026 and the remainder on April 3, 2027.
F2 Represents the surrender of shares to pay withholding taxes in connection with vesting of equity previously granted under Nasdaq's Equity Incentive Plan.
F3 Represents (i) 45,724 shares underlying PSUs, all of which are vested, (ii) 78,801 shares or units of restricted stock, of which 18,394 are vested and (iii) 482 shares purchased under the Employee Stock Purchase Plan.