SEC Form 4 · accession 0001209191-19-014483
Intercontinental Exchange, Inc. · ICE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Jackson
Officer — President
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 4:26 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 StockF1,F2 | Feb 26, 2019 | F | 1,662 | $75.30 | D | 82,758 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock issued to the filing person on February 26, 2016. The restricted stock units vest over three years (1/3 on February 26, 2017, 1/3 on February 26, 2018 and 1/3 on February 26, 2019). Of the 3,475 shares that vested, 1,662 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The third and final tranche of shares for this award have been issued.
- F2The common stock number referred in Table I is an aggregate number and represents 56,247 shares of common stock, 2,838 unvested restricted stock units (RSUs), and 23,673 unvested performance based restricted stock units (PSUs), for which the performance period has been satisfied. The RSUs and the PSUs vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2019 PSUs 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 2020 and will be reported at the time of vesting. The satisfaction of the 2017, 2018 and 2019 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, February 2021 and February 2022, respectively, and will be reported at the time of vesting.