SEC Form 4 · accession 0001703056-18-000073
ADT Inc. · ADT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Likosar
Officer — EVP & Chief Financial Officer
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 5:29 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 15, 2018 | A | 112,067 | $0.00 | A | 1,258,841 | D | |
| Common StockF2 | Oct 17, 2018 | F | 11,025 | $7.77 | D | 1,247,816 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares of the Issuer's common stock granted under the Issuer's 2018 Omnibus Incentive Plan pursuant to the reporting person's employment agreement with the Issuer, which shares will vest in 4 equal installments annually on October 17, 2018, October, 17, 2019, October 17, 2020 and October 17, 2021, generally subject to the reporting person's continued service to the Issuer.
- F2Represents restricted shares of the Issuer's common stock withheld to satisfy the reporting person's withholding tax obligations upon the vesting of restricted shares issued under the Issuer's 2018 Omnibus Incentive Plan.