View:
Download DOC
Download PDF
SEC FORM 4 SEC Form 4
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 		 
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
NATIONAL ASSOCIATION OF SECURITIES DEALERS INC
(Last) (First) (Middle)
1735 K. STREET, N.W.
(Street)
WASHINGTON DC 20006
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NASDAQ STOCK MARKET INC [ NDAQ ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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, par value $0.01 per share 07/11/2006 S V 4,940 D $28.22 501,294 D
Common Stock, par value $0.01 per share 07/11/2006 S V 3,300 D $28.23 497,994 D
Common Stock, par value $0.01 per share 07/11/2006 S V 6,000 D $28.24 491,994 D
Common Stock, par value $0.01 per share 07/11/2006 S V 9,125 D $28.25 482,869 D
Common Stock, par value $0.01 per share 07/11/2006 S V 2,100 D $28.26 480,769 D
Common Stock, par value $0.01 per share 07/11/2006 S V 15,844 D $28.27 464,925 D
Common Stock, par value $0.01 per share 07/11/2006 S V 5,909 D $28.28 459,016 D
Common Stock, par value $0.01 per share 07/11/2006 S V 400 D $28.29 458,616 D
Common Stock, par value $0.01 per share 07/11/2006 S V 19,286 D $28.3 439,330 D
Common Stock, par value $0.01 per share 07/11/2006 S V 3,500 D $28.31 435,830 D
Common Stock, par value $0.01 per share 07/11/2006 S V 10,224 D $28.32 425,606 D
Common Stock, par value $0.01 per share 07/11/2006 S V 3,600 D $28.33 422,006 D
Common Stock, par value $0.01 per share 07/11/2006 S V 2,600 D $28.34 419,406 D
Common Stock, par value $0.01 per share 07/11/2006 S V 1,700 D $28.35 417,706 D
Common Stock, par value $0.01 per share 07/11/2006 S V 3,434 D $28.36 414,272 D
Common Stock, par value $0.01 per share 07/11/2006 S V 4,000 D $28.37 410,272 D
Common Stock, par value $0.01 per share 07/11/2006 S V 200 D $28.38 410,072 D
Common Stock, par value $0.01 per share 07/11/2006 S V 1,400 D $28.39 408,672 D
Common Stock, par value $0.01 per share 07/11/2006 S V 5,612 D $28.4 403,060 D
Common Stock, par value $0.01 per share 07/11/2006 S V 415 D $28.41 402,645 D
Common Stock, par value $0.01 per share 07/11/2006 S V 1,515 D $28.42 401,130 D
Common Stock, par value $0.01 per share 07/11/2006 S V 3,000 D $28.43 398,130 D
Common Stock, par value $0.01 per share 07/11/2006 S V 3,300 D $28.44 394,830 D
Common Stock, par value $0.01 per share 07/11/2006 S V 1,400 D $28.45 393,430 D
Common Stock, par value $0.01 per share 07/11/2006 S V 4,098 D $28.46 389,332 D
Common Stock, par value $0.01 per share 07/11/2006 S V 700 D $28.47 388,632 D
Common Stock, par value $0.01 per share 07/11/2006 S V 2,200 D $28.48 386,432 D
Common Stock, par value $0.01 per share 07/11/2006 S V 1,375 D $28.49 385,057 D
Common Stock, par value $0.01 per share 07/11/2006 S V 200 D $28.5 384,857 D
Common Stock, par value $0.01 per share 07/11/2006 S V 2,583 D $28.53 382,274 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
Explanation of Responses:
Remarks:
This Form 4 reflects the sale by National Association of Securities Dealers, Inc. ("NASD") of an aggregate of 123,960 shares of common stock, par value $0.01 per share (the "Common Stock"), of The Nasdaq Stock Market, Inc. Such shares of Common Stock formerly were underlying warrants ("Warrants") issued by NASD to purchase shares of Common Stock held by NASD that expired unexercised. The Warrants originally were each exercisable for one share of Common Stock in each of four approximately one year consecutive exercise periods, the first, second and, third of which expired at the close of business on June 27, 2003, June 25, 2004 and June 27, 2005, respectively, and the last of which expired at the close of business on June 27, 2006. After giving effect to the transactions reported hereby, NASD owns 382,274 shares of Common Stock, a portion of which are underlying Warrants for which exercises were initiated prior to the close of business on June 27, 2006 but for which processing has not been completed.
National Association of Securities Dealers, Inc. /s/ Todd Diganci, Executive Vice President and Chief Financial Officer 07/12/2006
** 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.