X0306 4 2019-01-29 0 0001120193 NASDAQ, INC. NDAQ 0001240174 KNIGHT EDWARD S ONE LIBERTY PLAZA NEW YORK NY 10006 0 1 0 0 Executive Vice President Common Stock, par value $0.01 per share 2019-01-29 4 A 0 21364 0.00 A 81733 D Common Stock, par value $0.01 per share 2019-01-29 4 F 0 8796 85.81 D 73263 D Employee Stock Option (Right to Buy) 19.75 2020-03-04 Common Stock 22059 22059 D Employee Stock Option (Right to Buy) 25.28 2021-03-28 Common Stock 25496 25496 D Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2016 through December 31, 2018. Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above. Represents (i) 72,562 vested shares underlying performance share units and (ii) 701 shares purchased under the Employee Stock Purchase Plan. Options exercisable as to 100%. /s/ Edward S. Knight 2019-01-31