SEC Form 4 · accession 0001181431-15-000364
NASDAQ, INC. · NDAQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee Shavel
Officer — Executive Vice President
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 8:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001120193
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Dec 31, 2014 | F | 11,554 | $47.96 | D | 112,175 | D | |
| Common Stock, par value $0.01 per shareF3,F4 | Jan 2, 2015 | S | 10,231 | $47.93 | D | 101,944 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $24.94 | holding | — | — | — | — | May 23, 2021 | Common Stock | 41,257 | 41,257 | D |
Explanation of responses
- F1The transactions reported consist of surrenders of shares to pay withholding taxes in connection with vestings of equity previously granted under Nasdaq's Equity Incentive Plan.
- F2The sale was effected pursuant to a Rule 10b5-1 trading plan.
- F3The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.62 to $48.32, inclusive. The reporting person undertakes to provide to The NASDAQ OMX Group, Inc., any security holder of The NASDAQ OMX Group, Inc. or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4
- F4Represents (i) 85,622 units of restricted stock, of which 35,502 are vested and (ii) 16,322 vested shares underlying performance share units.
- F5Options exercisable.