Jeffrey Likosar - May 21, 2024 Form 4 Insider Report for ADT Inc. (ADT)

Role
Pres Corp Dev & Trans. & CFO
Signature
/s/MaryJon Donnelly, attorney-in-fact
Stock symbol
ADT
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/23/2024, 07:08 PM
Previous filing
Apr 8, 2024
Next filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADT Common Stock Award $0 +573K +97.26% $0.00 1.16M May 21, 2024 Direct F1
holding ADT Common Stock 1.46M May 21, 2024 JSCK LLC 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 Employee Stock Option (right to buy) Award $0 +397K +50% $0.00 1.19M May 21, 2024 Common Stock 397K $13.30 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options that were granted in 2018 subject to performance-based vesting requirements. On May 21, 2024, after assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT 's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities.
F2 An LLC of which the reporting person is member and manager.