Kenneth Porpora - Mar 1, 2023 Form 4 Insider Report for ADT Inc. (ADT)

Signature
/s/ Suzanne Goldberg, attorney-in-fact
Stock symbol
ADT
Transactions as of
Mar 1, 2023
Transactions value $
-$198,341
Form type
4
Date filed
3/3/2023, 04:11 PM
Previous filing
Jan 6, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADT Common Stock Tax liability -$102K -13.4K -3.39% $7.60 383K Mar 1, 2023 Direct F1
transaction ADT Common Stock Award $0 +132K +34.37% $0.00 514K Mar 1, 2023 Direct F2
transaction ADT Common Stock Tax liability -$96.4K -12.7K -2.47% $7.58 502K Mar 2, 2023 Direct F3
* 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.