X0201 4 2004-02-18 0 0001120193 NASDAQ STOCK MARKET INC NDAQ 0001240174 KNIGHT EDWARD S ONE LIBERTY PLAZA NEW YORK NY 10006 0 1 0 0 Executive Vice President Common Stock, par value $0.01per share ("Common Stock") 19614 D Employee Stock Option (Right to Buy) 9.15 2004-02-18 4 A 0 75000 0 A 2014-02-18 Common Stock 75000 75000 D Employee Stock Option (Right to Buy) 13.00 2011-02-14 Common Stock 69700 69700 D Represents 13,669 shares of restricted stock granted under The Nasdaq Stock Market, Inc. Equity Incentive Plan, of which 7,309 shares have vested, and an additional 5,945 shares of Common Stock purchased pursuant to The Nasdaq Employee Stock Purchase Plan. Option exercisable as to 100% on February 18, 2009, subject to accelerated vesting of 100% of the option on either the third or fourth anniversary of the grant date if applicable performance goals are achieved. Option exercisable as to 23,001 on December 31, 2001, 11,849 on August 14, 2002, 11,152 on February 14, 2003 and 11,849 on each of August 14, 2003 and February 14, 2004. Edward S. Knight 2004-02-19