SEC Form 4 · accession 0001209191-19-006162
NASDAQ, INC. · NDAQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lars Ottersgard
Officer — Executive Vice President
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 4:36 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 29, 2019 | A | 11,576 | $0.00 | A | 24,212 | D | |
| Common Stock, par value $0.01 per shareF3 | Jan 29, 2019 | F | 6,715 | $85.81 | D | 17,497 | 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 previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2016 through December 31, 2018.
- F2Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above.
- F3Represents (i) 12,115 shares underlying performance share units, all of which are vested and (ii) 5,382 shares purchased under the Employee Stock Purchase Plan.