SEC Form 4 · accession 0001209191-17-014391
Intercontinental Exchange, Inc. · ICE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W Farley
Officer — President, NYSE Group
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 4:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001571949
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 22, 2017 | M | 22,120 | $32.12 | A | 118,574 | D | |
| Common StockF1,F2 | Feb 23, 2017 | S | 22,120 | $58.027 | D | 96,454 | 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) HoldingF3 | $32.12 | Feb 22, 2017 | M | 22,120 | D | — | Feb 22, 2017 | Common Stock | 22,120 | 0 | D |
Explanation of responses
- F1The price range for the aggregate amount sold by the direct holder is $58.01 - $58.075. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.
- F2The common stock number referred in Table I is an aggregate number and represents 38,836 shares of common stock and 57,618 unvested performance based restricted stock units, for which the performance period has been satisfied. These performance based restricted stock units vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2017 performance based restricted units tied to earnings before interest, taxes, depreciation, and amortization, ("EBITDA") and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2018 and will be reported at the time of vesting. The satisfaction of the 2017 total shareholder return performance based restricted stock units and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2020 and will be reported at the time of vesting.
- F3These options are fully vested.