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IAC Inc. — Director's Dealing 2021
May 27, 2021
31428_dirs_2021-05-27_da0e3113-e1a4-4820-9c11-89a7f9896223.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: 2021-05-25
Reporting Person: Handler Kendall (SVP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock, par value $0.0001 | J | 1487 | — | Acquired | 1487 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Options to Purchase Common Stock, par value $0.0001 | $15.0437 | J | 3750 | Acquired | 2027-03-29 | Common Stock, par value $0.0001 (3750) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 3443 | Acquired | 2022-02-01 | Common Stock, par value $0.0001 (3443) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 7748 | Acquired | 2022-02-12 | Common Stock, par value $0.0001 (7748) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 27752 | Acquired | 2025-02-15 | Common Stock, par value $0.0001 (27752) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 42341 | Acquired | 2025-11-30 | Common Stock, par value $0.0001 (42341) | 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: n connection with the Spin-Off, IAC stock options were converted into IAC and Vimeo, Inc. stock options, with adjustments (to maintain pre- and post-Spin-Off values) to, in the case of IAC stock options, the per share exercise prices to reflect the Spin-Off. These previously granted stock options have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-off. Reflects IAC stock options, as adjusted on the basis described immediately above.
F3: 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.
F4: Represents the last tranche of a restricted stock unit award that vests on February 1, 2022, subject to continued service.
F5: Represents restricted stock units that vest in one lump sum installment on February 12, 2022, subject to continued service
F6: 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.
F7: Represents restricted stock units that vest in one lump sum installment on November 30, 2025, subject to continued service, and with partial vesting upon certain terminations of employment