Oliver Albers - Dec 6, 2022 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role: Executive Vice President
Signature: /s/ Alex Kogan, by power of attorney
Stock symbol: NDAQ
Transactions as of: Dec 6, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/8/2022, 03:10 PM
Previous filing: Apr 22, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NDAQ	Common Stock, par value $0.01	Award	$0	+14.9K	+66.32%	$0.00	37.4K	Dec 6, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares or units of restricted stock granted pursuant to Nasdaq's Equity Incentive Plan, which vest as to 33% on December 6, 2023, 33% on December 6, 2024 and 34% on December 6, 2025.
F2	Represents (i) 35,497 shares or units of restricted stock, of which 978 are vested, (ii) 1,383 unvested shares underlying PSUs, (iii) 370 shares purchased under the Employee Stock Purchase Plan and (iv) 173 shares acquired through the dividend reinvestment program. Total shares reported reflect the Company's three-for-one stock split, which was effected through a stock dividend on August 26, 2022.

Content

Represents shares or units of restricted stock granted pursuant to Nasdaq's Equity Incentive Plan, which vest as to 33% on December 6, 2023, 33% on December 6, 2024 and 34% on December 6, 2025.

Represents (i) 35,497 shares or units of restricted stock, of which 978 are vested, (ii) 1,383 unvested shares underlying PSUs, (iii) 370 shares purchased under the Employee Stock Purchase Plan and (iv) 173 shares acquired through the dividend reinvestment program. Total shares reported reflect the Company's three-for-one stock split, which was effected through a stock dividend on August 26, 2022.