AI assistant
IAC Inc. — Director's Dealing 2021
May 27, 2021
31428_dirs_2021-05-27_7e676e9d-d6ed-468e-a6c7-606102932404.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: Diller Barry (Director, Chairman & Senior Executive)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock, par value $0.0001 | J | 172708 | — | Acquired | 172708 | Direct |
| 2021-05-25 | Common Stock, par value $0.0001 | J | 136711 | — | Acquired | 136711 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Class B Common Stock, par value $0.0001 | $0 | J | 1651011 | Acquired | Common Stock, par value $0.0001 (1651011) | Direct | |
| 2021-05-25 | Class B Common Stock, par value $0.0001 | $0 | J | 3692435 | Acquired | Common Stock, par value $0.0001 (3692435) | Indirect | |
| 2021-05-25 | Options to Purchase Common Stock, par value $0.0001 | $13.7121 | J | 500000 | Acquired | 2025-03-29 | Common Stock, par value $0.0001 (500000) | Direct |
| 2021-05-25 | Options to Purchase Common Stock, par value $0.0001 | $17.1397 | J | 500000 | Acquired | 2025-03-29 | Common Stock, par value $0.0001 (500000) | Direct |
| 2021-05-25 | Restricted Stock Units | $0 | J | 361475 | Acquired | 2025-11-05 | Common Stock, par value $0.0001 (361475) | 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") on May 25, 2021.
F2: Reflects shares of IAC Class B common stock, par value $0.0001, received in respect of shares of IAC Class B common stock, par value $0.001, in connection with a reclassification effected in connection with (and immediately preceding) the Spin-Off on May 25, 2021.
F3: Shares of IAC Class B common stock are convertible at the option of the holder on a one-for-one basis into shares of IAC common stock at any time and do not have an expiration date. Each share of IAC Class B common stock is entitled to ten votes per share and each share of IAC common stock is entitled to one vote per share.
F4: 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.
F5: 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.
F6: Represents restricted stock units that vest in one lump sum installment on November 5, 2025, subject to continued service, and with partial vesting upon certain terminations of employment.