Marc S. Jones - 08 Dec 2021 Form 4 Insider Report for ADT Inc. (ADT)

Signature
/s/ Janet Buttery, attorney-in-fact
Issuer symbol
ADT
Transactions as of
08 Dec 2021
Net transactions value
$0
Form type
4
Filing time
09 Dec 2021, 07:50:36 UTC
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADT Common Stock Award +26,232,983 26,232,983 08 Dec 2021 Orange Solar Holdco, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 26,232,983 shares of common stock of the Issuer acquired by Orange Solar Holdco, LLC as consideration pursuant to a Purchase Agreement (the "Purchase Agreement"), dated November 8, 2021, by and among the Issuer and certain parties thereto, including Orange Solar Holdco, LLC. The amount reported includes 1,920,661 shares of common stock of the Issuer held in escrow and subject to forfeiture pursuant to the Purchase Agreement. On the closing date of the Purchase Agreement, the closing price per share of the Issuer's common stock was $8.66.
F2 The reporting person is the manager and a member, together with trusts affiliated with the reporting person, of Orange Solar Holdco, LLC. The reporting person disclaims beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.