Christopher Scott Edmonds - Jun 2, 2023 Form 4 Insider Report for Intercontinental Exchange, Inc. (ICE)

Role
Chief Development Officer
Signature
/s/ Octavia N. Spencer, Attorney-in-fact
Stock symbol
ICE
Transactions as of
Jun 2, 2023
Transactions value $
-$214,666
Form type
4
Date filed
6/6/2023, 04:31 PM
Previous filing
May 17, 2023
Next filing
Jul 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICE Common Stock Options Exercise $242K +4.22K +24.58% $57.31 21.4K Jun 2, 2023 Direct
transaction ICE Common Stock Sale -$457K -4.22K -19.73% $108.14 17.2K Jun 2, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ICE Employee Stock Option (right to buy) Holding Options Exercise $0 -4.22K -29.69% $0.00 10K Jun 2, 2023 Common Stock 4.22K $57.31 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price range for the aggregate amount sold by the direct holder is $108.1200 - $108.1650. 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.
F2 The common stock number referred in Table I is an aggregate number and represents 9,767 shares of common stock and 2,035 unvested restricted stock units ("RSUs"), and 5,377 unvested performance based restricted stock units ("PSU's"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three year period, in which 33.33% of the units vest each year. The satisfaction of the 2023 PSUs 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 2024 and will be reported at the time of vesting. The satisfaction of the 2021, 2022 and 2023 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 2024, February 2025 and February 2026, respectively, and will be reported at the time of vesting.
F3 These options are fully vested.