CHRISTOPHER JOHN PERRY - 22 Dec 2023 Form 4 Insider Report for BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR)

Role
President
Signature
Maria Allen, Power of Attorney
Issuer symbol
BR
Transactions as of
22 Dec 2023
Net transactions value
-$1,874,123
Form type
4
Filing time
26 Dec 2023, 12:35:35 UTC
Previous filing
01 Dec 2023
Next filing
28 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BR Common Stock Options Exercise $430,291 +2,906 +5% $148.07 61,553 22 Dec 2023 Direct F1
transaction BR Common Stock Sale $544,420 -2,722 -4.4% $200.01 58,831 22 Dec 2023 Direct F2, F3
transaction BR Common Stock Options Exercise $1,050,409 +7,094 +12% $148.07 65,925 26 Dec 2023 Direct F1
transaction BR Common Stock Sale $1,329,702 -6,643 -10% $200.17 59,282 26 Dec 2023 Direct F2, F4

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 BR Stock Option (Right to Buy) Options Exercise $430,291 -2,906 -9.4% $148.07 27,970 22 Dec 2023 Common Stock 2,906 $148.07 Direct F1
transaction BR Stock Option (Right to Buy) Options Exercise $1,050,409 -7,094 -25% $148.07 20,876 26 Dec 2023 Common Stock 7,094 $148.07 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction is a stock option exercise pursuant to a 10b5-1 plan adopted by the reporting person on September 1, 2023.
F2 The reported transaction is an open market sale pursuant to a 10b5-1 plan adopted by the reporting person on September 1, 2023.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.00 - $200.07, inclusive. The reporting person undertakes to provide to Broadridge Financial Solutions, Inc., any shareholder of Broadridge Financial Solutions, Inc., or the staff of the 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 (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.0000 - $200.2900, inclusive. The reporting person undertakes to provide to Broadridge Financial Solutions, Inc., any shareholder of Broadridge Financial Solutions, Inc., or the staff of the 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 (4) to this Form 4.