EVP & COO Young Donald M. was granted 780 shares, increasing direct ownership by 0.37% to 209,297 units (SEC Form 4)
$ADT
Diversified Commercial Services
Consumer Discretionary
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ADT Inc. [ ADT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/04/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 10/04/2024 | A | 780(1) | A | $0 | 209,297 | D | |||
| Common Stock | 2,332,704.5 | I | Sweet Yourself LLC(2) | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| 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) | 1,147,261 | (4) | 01/18/2028 | Common Stock | 1,147,261 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $13.3 | 10/04/2024 | G(3) | 1,147,261 | (4) | 01/18/2028 | Common Stock | 1,147,261 | $0 | 1,147,261 | I | Sweet Yourself LLC(2) | |||
| Employee Stock Option (right to buy) | $5.48 | 10/04/2024 | G(3) | 143,540 | (4) | 03/14/2029 | Common Stock | 143,540 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $5.48 | 10/04/2024 | G(3) | 143,540 | (4) | 03/14/2029 | Common Stock | 143,540 | $0 | 143,540 | I | Sweet Yourself LLC(2) | |||
| Employee Stock Option (right to buy) | $5.27 | 10/04/2024 | G(3) | 1,261,070 | (4) | 03/09/2030 | Common Stock | 1,261,070 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $5.27 | 10/04/2024 | G(3) | 1,261,070 | (4) | 03/09/2030 | Common Stock | 1,261,070 | $0 | 1,261,070 | I | Sweet Yourself LLC(2) | |||
| Employee Stock Option (right to buy) | $6.51 | 10/04/2024 | G(3) | 460,829 | (5) | 03/08/2034 | Common Stock | 460,829 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $6.51 | 10/04/2024 | G(3) | 460,829 | (5) | 03/08/2034 | Common Stock | 460,829 | $0 | 460,829 | I | Sweet Yourself LLC(2) | |||
| Explanation of Responses: |
| 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 sole member and manager. |
| 3. This transaction involved a transfer of securities by the reporting person to the LLC for the benefit of the reporting person's descendants and other immediate family members. 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. |
| /s/ David Smail, attorney-in-fact | 10/08/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| 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 Number. | ||