SEC Form 4 · accession 0001703056-18-000038
ADT Inc. · ADT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jochen Koedijk
Officer — SVP & Chief Marketing Officer
Period of report
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 2:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001703056
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Aug 13, 2018 | A | 240,000 | $0.00 | A | 240,000 | D | |
| Restricted Stock UnitsF1 | Aug 13, 2018 | A | 32,786 | $0.00 | A | 272,786 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $9.15 | Aug 13, 2018 | A | 120,000 | A | — | Aug 13, 2028 | Common Stock | 120,000 | 120,000 | D |
| Stock OptionsF2 | $9.15 | Aug 13, 2018 | A | 101,822 | A | — | Aug 13, 2028 | Common Stock | 101,822 | 221,822 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") was received as a grant under the ADT Inc. 2018 Omnibus Incentive Plan on August 13, 2018 for no consideration, and represents a contingent right to receive one share of ADT Inc. common stock upon vesting and settlement. The RSUs will "cliff vest" as to 100% of the RSUs on the third anniversary of the grant, generally subject to the reporting person's continued employment through such date.
- F2The reporting person was granted stock options on August 13, 2018, under the ADT Inc. 2018 Omnibus Incentive Plan. The stock options will "cliff vest" and become exercisable as to 100% of the stock options for $9.15 per share on the third anniversary of the grant, generally subject to the reporting person's continued employment through such date.