SEC Form 4 · accession 0001209191-18-051957
Intercontinental Exchange, Inc. · ICE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey C Sprecher
Officer — Chief Executive Officer · Director
Period of report
Sep 19, 2018
Accepted (ET)
Sep 21, 2018 · 5:33 pm EDT
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 StockF1,F2,F3 | Sep 19, 2018 | A | 7,733 | $0.00 | A | 118,563 | I | By spouse |
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) HoldingF4 | $77.58 | Sep 19, 2018 | A | 11,695 | A | — | Sep 19, 2028 | Common Stock | 11,695 | 11,695 | I |
Explanation of responses
- F1Represents shares of restricted stock issued to the filing person on September 19, 2018. The restricted stock units vest over three years (1/3 on September 19, 2019, 1/3 on September 19, 2020 and 1/3 on September 19, 2021).
- F2The common stock number referred in Table I is an aggregate number and represents 99,670 shares of common stock, 7,733 unvested restricted stock units, and 11,160 unvested performance based restricted stock units, for which the performance period has been satisfied. The restricted stock units and the 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 and 2018 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 September 2021, respectively, and will be reported at the time of vesting.
- F3As previously reported, the reporting person also indirectly owns 3,711,705 shares that are beneficially owned directly by CPEX. The reporting person beneficially owns 100% of the equity interest in CPEX. Additionally, as previously reported, the reporting person also beneficially owns shares directly.
- F4These options vest in accordance with the following schedule: 33.33% of the options vest on September 19, 2019, 33.33% of the options vest on September 19, 2020 and 33.33% of the options vest on September 19, 2021.