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IAC Inc. — Director's Dealing 2024
Feb 27, 2024
31428_dirs_2024-02-27_7040acd4-b18f-42ef-aeee-11b433115139.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IAC Inc. (IAC)
CIK: 0001800227
Period of Report: 2024-02-23
Reporting Person: LEVIN JOSEPH (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-23 | Common Stock, par value $0.0001 | M | 100000 | $13.48 | Acquired | 3387614 | Direct |
| 2024-02-23 | Common Stock, par value $0.0001 | F | 65928 | $56.69 | Disposed | 3321686 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-23 | Options to Purchase Common Stock, par value $0.0001 | $13.48 | M | 100000 | Disposed | 2024-08-01 | Common Stock, par value $0.0001 (100000) | Direct |
Footnotes
F1: Represents shares of IAC common stock acquired upon the net exercise of stock options that were granted to the reporting person in August 2014 and were otherwise scheduled to expire in August 2024.
F2: Represents shares of IAC common stock withheld to cover exercise price and tax obligations in connection with the net exercise of stock options described in footnote 1 above.
F3: As a result of the transactions described in footnotes 1 and 2 above, the reporting person acquired and holds an additional 34,072 shares of IAC common stock. No shares of IAC common stock were sold in connection with these transactions.
F4: Represents vested stock options that were granted to the reporting person in August 2014 and were otherwise scheduled to expire in August 2024.