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IAC Inc. — Director's Dealing 2021
May 27, 2021
31428_dirs_2021-05-27_e90f5a1d-466b-411a-aacb-79cecdfad036.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: Schiffman Glenn (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock, par value $0.0001 | J | 34608 | — | Acquired | 34608 | 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 | $9.3068 | J | 151000 | Acquired | 2026-04-07 | Common Stock, par value $0.0001 (151000) | Direct |
| 2021-05-25 | Options to Purchase Common Stock, par value $0.0001 | $15.4503 | J | 150000 | Acquired | 2027-02-14 | Common Stock, par value $0.0001 (150000) | Direct |
| 2021-05-25 | Options to Purchase Common Stock, par value $0.0001 | $31.0082 | J | 80000 | Acquired | 2028-03-02 | Common Stock, par value $0.0001 (80000) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 277529 | Acquired | 2025-02-15 | Common Stock, par value $0.0001 (277529) | 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: In 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 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.