AI assistant
IAC Inc. — Director's Dealing 2021
May 27, 2021
31428_dirs_2021-05-27_334aed50-274b-4e75-af6b-4872b60dd45d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IAC/InterActiveCorp (IAC)
CIK: 0001800227
Period of Report: 2021-05-25
Reporting Person: Schwerdtman Michael H (SVP and Controller (CAO))
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock, par value $0.0001 | J | 4978 | — | Acquired | 4978 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Restricted Stock Units | $0 | J | 6149 | Acquired | 2022-02-01 | Common Stock, par value $0.0001 (6149) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 11054 | Acquired | 2022-02-12 | Common Stock, par value $0.0001 (11054) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 30528 | Acquired | 2025-02-15 | Common Stock, par value $0.0001 (30528) | Direct |
Footnotes
F1: Reflects shares of IAC common stock, par value $0.0001, received in respect of shares of IAC common stock, par value $0.001, in connection with a reclassification effected in connection with (and immediately preceding) the spin-off by IAC of Vimeo, Inc. (the "Spin-Off") pre-market on May 25, 2021.
F2: Reflects previously granted IAC restricted stock units with adjustments (to maintain pre- and post-Spin-Off values) to the number of shares of IAC common stock underlying such awards, to reflect the Spin-Off. These previously granted awards have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-Off.
F3: Represents the last tranche of a restricted stock unit award that vests on February 1, 2022, subject to continued service.
F4: Represents restricted stock units that vest in one lump sum installment on February 12, 2022, subject to continued service
F5: Represents restricted stock units that vest in one lump sum installment on February 15, 2025, subject to continued service, and with partial vesting upon certain terminations of employment.