SEC Form 4 · accession 0001209191-17-006759
NASDAQ, INC. · NDAQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley J Peterson
Officer — Executive Vice President
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 4:51 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 | Jan 30, 2017 | A | 59,064 | $0.00 | A | 73,041 | D | |
| Common stock, par value $0.01 per shareF3 | Jan 30, 2017 | F | 31,323 | $68.18 | D | 41,718 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the settlement of performance share units (PSUs) that were granted under Nasdaq's Equity Incentive Plan on March 31, 2014. The ultimate amount of shares to be received under the grants depended upon the achievement of performance goals during a three-year performance period from January 1, 2014 through December 31, 2016. On January 30, 2017, Nasdaq's Board of Directors approved the settlement of the PSU grants. The shares underlying the PSUs vested on December 31, 2016.
- F2Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above.
- F3Represents (i) 13,141 shares of vested restricted stock, (ii) 27,741 vested shares underlying performance share units and (iii) 836 shares purchased under the Employee Stock Purchase Plan.