Home > Insider Trading > Filing (0000950170-24-015404)

Filing Details

Accession Number:: 0000950170-24-015404
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-02-14 17:54:52
Reporting Period:: 2024-02-12

Accepted Time:: 2024-02-14 17:54:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1571949	Intercontinental Exchange Inc.	ICE	Security & Commodity Brokers, Dealers, Exchanges & Services (6200)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1722067	Benjamin Jackson	5660 New Northside Drive Atlanta GA 30328	President	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-02-13	27,970	$41.59	161,587	No	4	M	Direct
Common Stock	Acquisiton	2024-02-13	1,995	$50.01	163,582	No	4	M	Direct
Common Stock	Acquisiton	2024-02-13	2,875	$57.31	166,457	No	4	M	Direct
Common Stock	Disposition	2024-02-13	10,338	$134.38	156,119	No	4	S	Direct
Common Stock	Disposition	2024-02-13	3,647	$134.88	152,472	No	4	S	Direct
Common Stock	Disposition	2024-02-13	6,182	$134.83	146,290	No	4	S	Direct
Common Stock	Disposition	2024-02-13	7,803	$135.07	138,487	No	4	S	Direct
Common Stock	Acquisiton	2024-02-12	25,864	$0.00	164,351	No	4	A	Direct
Common Stock	Disposition	2024-02-12	3,902	$135.46	160,449	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	A	Direct
No	4	F	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy) Holding	Disposition	2024-02-13	27,970	$0.00	27,970	$41.59
Common Stock	Employee Stock Option (right to buy) Holding	Disposition	2024-02-13	1,995	$0.00	1,995	$50.01
Common Stock	Employee Stock Option (right to buy) Holding	Disposition	2024-02-13	2,875	$0.00	2,875	$57.31
Common Stock	Employee Stock Option (right to buy) Holding	Acquisiton	2024-02-12	26,622	$0.00	26,622	$135.46

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2025-01-20	No	4	M	Direct
23,310	2026-01-14	No	4	M	Direct
25,723	2027-01-18	No	4	M	Direct
26,622	2034-02-12	No	4	A	Direct

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of November 10, 2023.
The price range for the aggregate amount sold by the direct holder is $133.72 - $134.69. 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.
This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of November 10, 2023.
The price range for the aggregate amount sold by the direct holder is $134.72 - $135.17. 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.
The price range for the aggregate amount sold by the direct holder is $134.04 - $135.03. 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.
The price range for the aggregate amount sold by the direct holder is $135.04 - $135.18. 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.
Represents shares of performance based restricted stock units granted to the filing person on February 3, 2023. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2023 earnings before interest, taxes, depreciation, and amortization ("EBITDA") performance versus pre-established targets. The restricted stock units vest over three years (1/3 on February 12, 2024, 1/3 on February 12, 2025 and 1/3 on February 12, 2026). Of the 25,864 shares, 8,621 were issued on February 12, 2024, of which 3,902 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 17,243 shares are scheduled to be issued on the two remaining vesting dates and taxes for these future issuances will be withheld and reported at the time the shares are issued.
Represents shares of common stock underlying vested restricted stock units that are being withheld to satisfy payment of the Issuer's tax withholding obligation.
The common stock number referred in Table I is an aggregate number and represents 129,932 shares of common stock and 30,517 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 2024 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 2025 and will be reported at the time of vesting. The satisfaction of the 2022, 2023 and 2024 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 2025, February 2026 and February 2027, respectively, and will be reported at the time of vesting.
The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period.
These options are fully vested.
These options vest in accordance with the following schedule: 33.33% of the options vest on February 12, 2025, 33.33% of the options vest on February 12, 2026 and 33.33% of the options vest on February 12, 2027.