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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Employee Stock Option (right to buy) | $ 13.3 | 10/04/2024 | G(3) | 1,452,425 | (4) | 01/18/2028 | Common Stock | 1,452,425 | $ 0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $ 13.3 | 10/04/2024 | G(3) | 1,452,425 | (4) | 01/18/2028 | Common Stock | 1,452,425 | $ 0 | 1,452,425 | I | Bethel Ventures LLC (2) | |||
| Employee Stock Option (right to buy) | $ 8.49 | 10/04/2024 | G(3) | 1,000,000 | (4) | 09/04/2028 | Common Stock | 1,000,000 | $ 0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $ 8.49 | 10/04/2024 | G(3) | 1,000,000 | (4) | 09/04/2028 | Common Stock | 1,000,000 | $ 0 | 1,000,000 | I | Bethel Ventures LLC (2) | |||
| Employee Stock Option (right to buy) | $ 5.48 | 10/04/2024 | G(3) | 1,076,555 | (4) | 03/14/2029 | Common Stock | 1,076,555 | $ 0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $ 5.48 | 10/04/2024 | G(3) | 1,076,555 | (4) | 03/14/2029 | Common Stock | 1,076,555 | $ 0 | 1,076,555 | I | Bethel Ventures LLC (2) | |||
| Employee Stock Option (right to buy) | $ 5.27 | 10/04/2024 | G(3) | 1,202,458 | (4) | 03/09/2030 | Common Stock | 1,202,458 | $ 0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $ 5.27 | 10/04/2024 | G(3) | 1,202,458 | (4) | 03/09/2030 | Common Stock | 1,202,458 | $ 0 | 1,202,458 | I | Bethel Ventures LLC (2) | |||
| Employee Stock Option (right to buy) | $ 6.51 | 10/04/2024 | G(3) | 3,755,760 | (5) | 03/08/2034 | Common Stock | 3,755,760 | $ 0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $ 6.51 | 10/04/2024 | G(3) | 3,755,760 | (5) | 03/08/2034 | Common Stock | 3,755,760 | $ 0 | 3,755,760 | I | Bethel Ventures LLC (2) | |||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| DeVries James David C/O ADT INC. 1501 YAMATO ROAD BOCA RATON, FL 33431 |
X | Chairman, President & CEO | ||
| /s/ David Smail, attorney-in-fact | 10/08/2024 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents dividend equivalent units, which are being awarded with respect to awards of restricted stock units and which vest on various dates through March 1, 2026. |
| (2) | An LLC of which the reporting person is the manager with full control, and a beneficial owner together with a family gift trust. |
| (3) | This transaction involved a transfer of securities by the reporting person to the LLC for the benefit of the reporting person's descendants. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
| (4) | These stock options are fully vested and may generally be exercised at any time prior to the expiration date. |
| (5) | These stock options vest in three equal increments on 3/08/2025, 3/08/2026, 3/08/2027, generally subject to the reporting person's continued service. |