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IAC Inc. — Director's Dealing 2020
Jul 2, 2020
31428_dirs_2020-07-02_1a662dd2-2bc9-4ddd-a304-e9657ed93ad0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IAC/InterActiveCorp (IAC)
CIK: 0001800227
Period of Report: 2020-06-30
Reporting Person: DILLER BARRY (Director, Chairman & Senior Executive, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-30 | Common Stock, par value $0.001 | J | 6063 | — | Acquired | 6063 | Direct |
| 2020-06-30 | Common Stock, par value $0.001 | J | 136711 | — | Acquired | 142774 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-30 | Class B Common Stock, par value $0.001 | $0 | J | 1651011 | Acquired | Common Stock, par value $0.001 (1651011) | Direct | |
| 2020-06-30 | Class B Common Stock, par value $0.001 | $0 | J | 4138488 | Acquired | Common Stock, par value $0.001 (4138488) | Indirect | |
| 2020-06-30 | Options to Purchase Common Stock par value, $0.001 | $9.7443 | J | 300000 | Acquired | 2021-04-20 | Common Stock, par value $0.001 (300000) | Direct |
| 2020-06-30 | Options to Purchase Common Stock par value, $0.001 | $20.6099 | J | 500000 | Acquired | 2025-03-29 | Common Stock, par value $0.001 (500000) | Direct |
| 2020-06-30 | Options to Purchase Common Stock par value, $0.001 | $25.7617 | J | 500000 | Acquired | 2025-03-29 | Common Stock, par value $0.001 (500000) | Direct |
| 2020-06-30 | Restricted Stock Units | $0 | J | 77573 | Acquired | 2024-03-04 | Common Stock, par value $0.001 (77573) | Direct |
Footnotes
F1: Represents shares of IAC/InterActiveCorp common stock, par value $0.001 ("Common Stock"), acquired by the reporting person in connection with the separation of Match Group, Inc. ("Match Group") from IAC /InterActiveCorp ("IAC") on June 30, 2020.
F2: Represents shares of IAC/InterActiveCorp Class B common stock, par value $0.001 ("Class B Common Stock"), acquired by the reporting person in connection with the separation of Match Group from IAC on June 30, 2020.
F3: Represents vested stock options acquired by the reporting person in connection with the separation of Match Group from IAC on June 30, 2020.
F4: Represents performance-based restricted stock units that vest on any day during the five year period following the grant date after the average closing trading price price per share of Common Stock over a period of 10 consecutive trading days equals or exceeds $101.98, subject to the reporting person's employment on the date the performance requirement is satisfied. Shares of Common Stock acquired upon the vesting of these performance-based restricted stock units may not be sold until the earlier of: (x) one year from the vesting date or (y) the original term of the award (five years).