James David DeVries - 01 Mar 2023 Form 4 Insider Report for ADT Inc. (ADT)

Signature
/s/ Suzanne Goldberg, attorney-in-fact
Issuer symbol
ADT
Transactions as of
01 Mar 2023
Transactions value $
-$1,356,421
Form type
4
Filing time
03 Mar 2023, 16:08:08
Previous filing
08 Feb 2023
Next filing
10 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADT Common Stock Tax liability -$614K -80.8K -4.85% $7.60 1.59M 01 Mar 2023 Direct F1
transaction ADT Common Stock Award $0 +786K +49.58% $0.00 2.37M 01 Mar 2023 Direct F2
transaction ADT Common Stock Tax liability -$742K -97.9K -4.13% $7.58 2.27M 02 Mar 2023 Direct F3
holding ADT Common Stock 1.41M 01 Mar 2023 Bethel Ventures LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy the withholding tax obligation due on restricted stock units ("RSUs") which vested on 3/01/2023.
F2 Reflects the 2023 annual grant of RSUs which vest in equal increments on 3/01/2024, 3/01/2025 and 3/01/2026.
F3 Represents shares withheld to satisfy the withholding tax obligation due on RSUs which vested on 3/02/2023.
F4 An LLC of which the reporting person is the manager with full control, and a beneficial owner together with a family gift trust.