Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Expedia Group, Inc. Director's Dealing 2012

Oct 11, 2012

17835_dirs_2012-10-11_6d38fae9-806e-4942-bad5-b225b214a1aa.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Expedia, Inc. (EXPE)
CIK: 0001324424
Period of Report: 2012-10-09

Reporting Person: Liberty Interactive Corp (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-10-09 Common Stock J 12000000 Disposed 9809904 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-10-09 Forward Sale Contract (obligation to sell) $ J 1 Disposed Common Stock (12000000) Indirect

Footnotes

F1: On October 9, 2012, the Reporting Person settled a post-paid forward sale contract with respect to 12,000,000 notional shares of Common Stock (the "Number of Shares"). The Reporting Person entered into the post-paid forward sale contract with a financial institution (the "Counterparty") on March 26, 2012. The contract obligated the Reporting Person to deliver to the Counterparty the Number of Shares (or, at the Reporting Person's election, an amount of cash based on a formula) on the settlement date for the contract, in return for the forward price ($34.316) multiplied by the Number of Shares. The transaction settled on a physical settlement basis on October 9, 2012. The 12,000,000 shares delivered upon physical settlement had been pledged by the Reporting Person to the Counterparty to secure its obligations under the forward sale contract.