Daniel Bresingham - 17 Jan 2023 Form 4 Insider Report for ADT Inc. (ADT)

Role
EVP, Commercial
Signature
/s/ Suzanne Goldberg, attorney-in-fact
Issuer symbol
ADT
Transactions as of
17 Jan 2023
Net transactions value
-$1,949,406
Form type
4
Filing time
18 Jan 2023, 15:27:11 UTC
Previous filing
06 Jan 2023
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADT Common Stock Options Exercise $527,000 +100,000 +5.2% $5.27 2,034,074 17 Jan 2023 Direct
transaction ADT Common Stock Sale $960,000 -100,000 -4.9% $9.60 1,934,074 17 Jan 2023 Direct F1, F2
transaction ADT Common Stock Sale $1,516,406 -157,959 -8.2% $9.60 1,776,114 17 Jan 2023 Direct F2

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 ADT Stock Options Options Exercise $0 -100,000 -7.9% $0.000000 1,161,070 17 Jan 2023 Common Stock 100,000 $5.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.50 to $9.78, inclusive. The reporting person undertakes to provide to ADT, any security holder of ADT, 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 ranges set forth in this footnote.
F3 Reflects the exercise of vested stock options from the one-time special equity award of stock options issued on March 9, 2020, which vested in part on each of March 9, 2021 and March 9, 2022.