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Angi Inc. — Director's Dealing 2018
Nov 15, 2018
32480_dirs_2018-11-14_46d458a6-fbce-42a9-9de1-f03c56a81076.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ANGI Homeservices Inc. (ANGI)
CIK: 0001705110
Period of Report: 2018-11-12
Reporting Person: Smith Craig M. (Director, President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-12 | Class A Common Stock, par value $0.001 | M | 119866 | $2.66 | Acquired | 119866 | Direct |
| 2018-11-12 | Class A Common Stock, par value $0.001 | D | 19866 | — | Disposed | 100000 | Direct |
| 2018-11-12 | Class A Common Stock, par value $0.001 | S | 100000 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-12 | Stock Appreciation Rights | $2.66 | M | 119866 | Disposed | 2026-02-10 | Class A Common Stock, par value $0.001 (119866) | Direct |
Footnotes
F1: Represents shares of Class A Common Stock acquired/deemed to be acquired in connection with the exercise of stock appreciation rights (see footnote 4 below).
F2: Represents shares of Class A Common Stock deemed to be simultaneously sold back to ANGI in connection with the exercise of stock appreciation rights (see footnote 1).
F3: The closing price per share of Class A Common Stock on the date of the reporting person's stock appreciation right exercise was $17.69. The reporting person sold all shares of Class A Common Stock acquired in a privately negotiated block trade at a discounted price of $16.05, which was also the price used for the deemed disposition to ANGI.
F4: Represents 530,486 vested stock appreciation rights and 650,353 unvested stock appreciation rights that vest in two equal installments on each of February 11, 2019 and 2020, subject to continued service.