Jeffrey Likosar - 31 Mar 2025 Form 4/A - Amendment Insider Report for ADT Inc. (ADT)

Signature
/s/MaryJon Donnelly, attorney-in-fact
Issuer symbol
ADT
Transactions as of
31 Mar 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
04 Apr 2025, 19:12:16 UTC
Date Of Original Report
02 Apr 2025
Previous filing
06 Mar 2025
Next filing
11 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADT Common Stock Award $0 +573,387 +83% $0.000000 1,263,781 31 Mar 2025 Direct F1, F2
holding ADT Common Stock 1,899,274 31 Mar 2025 JSKC LLC F2, F3

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 +397,410 +30% $0.000000 1,720,945 31 Mar 2025 Common Stock 397,410 $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 shares of ADT Inc.'s common stock, par value $0.01 ("Common Stock") or stock options to purchase shares of Common Stock, as applicable, that were granted in 2018 subject to performance-based vesting requirements. After assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT Inc's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities, effective March 31, 2025.
F2 Due to a scrivener's error, the original Form 4 filed on April 2, 2025 on behalf of the Reporting Person inadvertently overstated the shares of Common Stock directly held by the Reporting Person, and understated the shares of Common Stock indirectly held by the Reporting Person through JSKC LLC (an LLC of which the Reporting Person is a member and manager), by 434,437 shares. This amendment is being filed to correct the classification of such 434,437 shares from a "direct" holding to an "indirect" holding and to adjust the respective balances in Column 5 of Table I, accordingly. The aggregate number of shares of Common Stock beneficially owned directly and indirectly by the Reporting Person remains unchanged.
F3 An LLC of which the reporting person is member and manager.