IAC Inc. — Director's Dealing 2020

Nov 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IAC/InterActiveCorp (IAC)
CIK: 0001800227
Period of Report: 2020-11-05

Reporting Person: LEVIN JOSEPH (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-05	Common Stock, par value $0.001	A	3000000	—	Acquired	3000000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.001	199433	Indirect

Footnotes

F1: Represents restricted shares of IAC common stock awarded to Mr. Levin in connection with Mr. Levin's entry into the Restricted Stock Agreement, dated as of November 5, 2020, with IAC. The restricted stock award will cliff vest on the ten-year anniversary of the grant date, subject to Mr. Levin's continued employment through the vesting date and the satisfaction of applicable stock price performance goals. Some or all of the shares of IAC common stock covered by the award may vest earlier than the ten-year anniversary upon a qualifying termination of employment or an election to measure performance on an earlier date beginning on the sixth anniversary of the grant date. Mr. Levin will have the right to vote such shares of IAC common stock during the restricted period and will be entitled to receive ordinary cash dividends on the shares during the restricted period only to the extent that the stock price performance goals have been met as of the dividend record date.

F2: Represents contribution by Mr. Levin of shares of Common Stock to a grantor retained annuity trust, which transfer is exempt from reporting pursuant to Rule 16a-13.