PC Nelson Griggs - Feb 19, 2025 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
President, Capital Access Plat
Signature
/s/ Alex Kogan, by power of attorney
Stock symbol
NDAQ
Transactions as of
Feb 19, 2025
Transactions value $
-$1,015,581
Form type
4
Date filed
2/21/2025, 04:49 PM
Previous filing
Nov 12, 2024
Next filing
Apr 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDAQ Common Stock, par value $0.01 per share Award $0 +28K +14.31% $0.00 224K Feb 19, 2025 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability -$1.02M -12.5K -5.58% $81.24 211K Feb 19, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares of Common Stock to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2022 through December 31, 2024.
F2 Represents shares of Common Stock withheld for taxes in connection with the settlement of PSUs, as described above.
F3 Represents (i) 79,612 shares or units of restricted stock, of which 28,568 are vested and (ii) 131,728 shares of Common Stock underlying PSUs, all of which are vested.