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LendingTree, Inc. — Director's Dealing 2020
Aug 3, 2020
32291_dirs_2020-08-03_235f24e3-82d9-433d-9056-d7eb39494f2f.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: LendingTree, Inc. (TREE)
CIK: 0001434621
Period of Report: 2020-07-30
Reporting Person: Sharma Sushil (Chief Product Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-30 | Common Stock | M | 873 | — | Acquired | 873 | Direct |
| 2020-07-30 | Common Stock | F | 433 | $357.84 | Disposed | 440 | Direct |
| 2020-07-31 | Common Stock | M | 1688 | $229.15 | Acquired | 2128 | Direct |
| 2020-07-31 | Common Stock | S | 433 | $350.11 | Disposed | 1695 | Direct |
| 2020-07-31 | Common Stock | S | 747 | $352.50 | Disposed | 948 | Direct |
| 2020-07-31 | Common Stock | S | 666 | $353.32 | Disposed | 282 | Direct |
| 2020-07-31 | Common Stock | S | 44 | $354.54 | Disposed | 238 | Direct |
| 2020-07-31 | Common Stock | S | 28 | $356.47 | Disposed | 210 | Direct |
| 2020-07-31 | Common Stock | S | 10 | $359.83 | Disposed | 200 | Direct |
| 2020-07-31 | Common Stock | S | 200 | $359.88 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-30 | Restricted Stock Units | $0 | M | 873 | Disposed | Common Stock (873) | Direct | |
| 2020-07-31 | Options to Purchase Common Stock | $229.15 | M | 1688 | Disposed | 2028-07-30 | Common Stock (1688) | Direct |
Footnotes
F1: This amount has been adjusted to reflect the fact that the correct number of shares of the issuer's common stock beneficially owned by the reporting person on the date the reporting person became subject to Section 16(a) of the Securities Exchange Act of 1934 and with respect to which the reporting person filed a Form 3 on May 3, 2019, is 0.
F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2020.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.00 to $350.84, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) to (5) of this Form 4.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.00 to $352.79, inclusive.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.00 to $353.93, inclusive.
F6: These restricted stock units vest in three annual installments beginning on July 30, 2019, in accordance with the terms of the original award agreement, with 25% of the total award vesting after year 1, another 25% vesting after year 2, and the remaining 50% of the total award vesting after year 3.
F7: These options vest in three annual installments beginning on July 30, 2019, with 25% of the total award vesting after year 1, another 25% vesting after year 2, and the remaining 50% vesting after year 3. This Form 4 corrects the vesting schedule originally reported on the reporting person's Form 3 filed on May 3, 2019.