Sec Form 3 Filing - Comly Barbara J. @ MIAMI INTERNATIONAL HOLDINGS, INC. - 2025-08-13

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Comly Barbara J.
2. Issuer Name and Ticker or Trading Symbol
MIAMI INTERNATIONAL HOLDINGS, INC. [ MIAX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, GC & Corporate Secretary
(Last) (First) (Middle)
C/O MIAMI INTERNATIONAL HOLDINGS, INC., 7 ROSZEL ROAD, SUITE 1A
3. Date of Earliest Transaction (MM/DD/YY)
08/13/2025
(Street)
PRINCETON, NJ08540
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 868,918 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Series B Preferred Stock ( 1 ) ( 1 ) ( 1 ) Common Stock 100,500 D
Nonvoting Common Stock ( 2 ) ( 2 ) ( 2 ) Common Stock 155,667 D
Incentive Stock Option (Right to Buy) $ 12 ( 3 ) 08/02/2026 Nonvoting Common Stock 8,333 D
Incentive Stock Option (Right to Buy) $ 12 ( 3 ) 05/28/2028 Nonvoting Common Stock 16,666 D
Incentive Stock Option (Right to Buy) $ 12 ( 3 ) 07/31/2029 Nonvoting Common Stock 8,333 D
Incentive Stock Option (Right to Buy) $ 15.22 ( 3 ) 01/27/2031 Nonvoting Common Stock 13,140 D
Incentive Stock Option (Right to Buy) $ 19.84 ( 4 ) 03/28/2033 Common Stock 10,080 D
Incentive Stock Option (Right to Buy) $ 20.08 ( 5 ) 06/09/2034 Common Stock 4,980 D
Incentive Stock Option (Right to Buy) $ 22.4 ( 6 ) 06/15/2035 Common Stock 4,464 D
Nonqualified Stock Option (Right to Buy) $ 12 ( 7 ) 08/02/2026 Nonvoting Common Stock 141,667 D
Nonqualified Stock Option (Right to Buy) $ 12 ( 7 ) 05/28/2028 Nonvoting Common Stock 133,334 D
Nonqualified Stock Option (Right to Buy) $ 12 ( 7 ) 07/31/2029 Nonvoting Common Stock 141,667 D
Nonqualified Stock Option (Right to Buy) $ 15.22 ( 7 ) 01/27/2031 Nonvoting Common Stock 136,860 D
Nonqualified Stock Option (Right to Buy) $ 16.14 ( 7 ) 09/09/2031 Nonvoting Common Stock 150,000 D
Nonqualified Stock Option (Right to Buy) $ 19.84 ( 8 ) 03/28/2033 Common Stock 114,920 D
Nonqualified Stock Option (Right to Buy) $ 20.08 ( 9 ) 06/09/2034 Common Stock 95,020 D
Nonqualified Stock Option (Right to Buy) $ 22.4 ( 10 ) 06/15/2035 Common Stock 70,536 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Comly Barbara J.
C/O MIAMI INTERNATIONAL HOLDINGS, INC.
7 ROSZEL ROAD, SUITE 1A
PRINCETON, NJ08540
EVP, GC & Corporate Secretary
Signatures
/s/Alessandra Maria Corona Henriques, Attorney-in-Fact 08/13/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares of Series B Preferred Stock are convertible on a one-for-one basis into shares of common stock commencing on the Company's initial public offering of its common stock ("IPO") effective date, which is August 13, 2025. The Series B Preferred Stock has no expiration date.
( 2 )The shares of nonvoting common stock are convertible on a one-for-one basis into shares of common stock commencing at any time. The nonvoting common stock has no expiration date.
( 3 )The incentive stock options are fully vested. The options were granted initially as the right to buy nonvoting common stock. On the closing date of the IPO, these will convert to the right to buy common stock instead of nonvoting common stock.
( 4 )5,040 of the shares subject to this incentive stock option are vested and the remaining 5,040 will vest on March 29, 2026 subject to the reporting person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
( 5 )All of the shares subject to this incentive stock option will vest on June 10, 2027, subject to the reporting person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
( 6 )All of the shares subject to this incentive stock option will vest on June 16, 2028, subject to the reporting person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
( 7 )The nonqualified stock options are fully vested. The options were granted initially as the right to buy nonvoting common stock. On the closing date of the IPO, these will convert to the right to buy common stock instead of nonvoting common stock.
( 8 )78,294 of the shares subject to this nonqualified stock option are vested and the remaining 36,626 will vest on March 29, 2026 subject to the reporting person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
( 9 )33,334 of the shares subject to this nonqualified stock option are vested, 33,333 will vest on June 10, 2026 and the remaining 28,353 will vest on June 10, 2027, subject to the reporting person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
( 10 )25,000 of the shares subject to this nonqualified stock option will vest on June 16, 2026, 25,000 will vest on June 16, 2027 and the remaining 20,536 will vest on June 16, 2028, subject to the reporting person's continued service to the Issuer or its subsidiaries through the applicable vesting date.

Remarks:
See Exhibit 24.1 - Power of Attorney

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