Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 31, 2017 (July 25, 2017)

 

 

Nasdaq, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-32651   52-1165937

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

One Liberty Plaza,

New York, New York

  10006
(Address of principal executive offices)   (Zip code)

 

 

Registrant’s telephone number, including area code: +1 212 401 8700

No change since last report

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(d) Election of Directors.

(1) On July 25, 2017, the Nasdaq, Inc. (“Nasdaq”) board of directors elected John D. Rainey as a director effective immediately. Nasdaq’s board has determined that Mr. Rainey is an “independent” director.

(2) Not applicable.

(3) Mr. Rainey was appointed to the audit and finance committees of Nasdaq’s board of directors.

(4) Mr. Rainey is Executive Vice President and Chief Financial Officer of PayPal Holdings, Inc., which is a customer of Nasdaq. Since January 1, 2016, PayPal or its subsidiaries paid Nasdaq or its subsidiaries approximately $0.5 million, primarily for listing and corporate solutions products and services in the ordinary course of business.

(5) Mr. Rainey will be compensated under Nasdaq’s board compensation policy for the full 2017-2018 board compensation year.

A copy of the press release announcing Mr. Rainey’s election is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit
No.

  

Exhibit Description

99.1    Press Release dated July 26, 2017.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: July 31, 2017   Nasdaq, Inc.
  By:  

/S/ EDWARD S. KNIGHT

    Edward S. Knight
    Executive Vice President and General Counsel