Anthony M. Jabbour - Sep 5, 2023 Form 4 Insider Report for Black Knight, Inc. (BKI)

Signature
/s/ Colleen E. Haley, Attorney-in-fact
Stock symbol
BKI
Transactions as of
Sep 5, 2023
Transactions value $
$0
Form type
4
Date filed
9/7/2023, 05:10 PM
Previous filing
Mar 20, 2023
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKI Common Stock Disposed to Issuer $0 -76.8K -23.15% $0.00 255K Sep 5, 2023 Direct F1
transaction BKI Common Stock Disposed to Issuer $0 -255K -100% $0.00* 0 Sep 5, 2023 Direct F2
transaction BKI Common Stock Disposed to Issuer $0 -41.3K -100% $0.00* 0 Sep 5, 2023 Anthony M. Jabbour Living Trust F1
transaction BKI Common Stock Disposed to Issuer $0 -413K -100% $0.00* 0 Sep 5, 2023 The Anthony M. Jabbour 2022 Grantor Retained Annuity Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Anthony M. Jabbour is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects the disposition of securities pursuant to the Agreement and Plan of Merger, dated as of May 4, 2022 (as amended on March 7, 2023, the Merger Agreement), among Black Knight, Inc. (Black Knight), Intercontinental Exchange, Inc. (ICE), and Sand Merger Sub Corporation, a wholly owned subsidiary of ICE (Sub), pursuant to which, on September 5, 2023, Sub merged with and into Black Knight, with Black Knight continuing as the surviving corporation and as a wholly owned subsidiary of ICE (the Merger). At the effective time of the Merger, each issued and outstanding share of common stock of Black Knight was canceled and converted into the right to receive, at the prior election of the holder (subject to proration pursuant to the Merger Agreement), either $75.867 in cash or 0.6577 shares of ICE common stock. As a result of the Merger, the Reporting Person no longer beneficially owns, directly or indirectly, any Shares. Includes shares acquired under Employee Stock Purchase Plan.
F2 At the Effective Time, 254,964 shares of restricted stock granted pursuant to the Company's Amended and Restated 2015 Omnibus Incentive Plan ("Restricted Stock Awards") held by the Reporting Person were assumed by ICE and converted into restricted stock awards of ICE with the same terms and conditions as were applicable to such Restricted Stock Awards immediately prior to the Effective Time (except that, in the case of any such Restricted Stock Award that was subject to performance-based vesting, each applicable performance restriction was deemed satisfied and such award became a time-based award) and relating to the number of shares of ICE common stock equal to the product of (x) the number of Shares subject to such Restricted Stock Award and (y) 0.6577, rounded to the nearest whole share of ICE common stock.