AI assistant
LendingTree, Inc. — Director's Dealing 2023
Sep 1, 2023
32291_dirs_2023-09-01_6a35d49e-e46a-4f25-baa6-04505670973c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LendingTree, Inc. (TREE)
CIK: 0001434621
Period of Report: 2023-08-29
Reporting Person: LEBDA DOUGLAS R (Director, Chairman & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-29 | Common Stock | S | 172926 | $18.91 | Disposed | 4559 | Direct |
| 2023-08-29 | Common Stock | S | 84859 | $18.91 | Disposed | 130000 | Indirect |
| 2023-08-30 | Common Stock | S | 130000 | $18.955 | Disposed | 0 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 433159 | Indirect |
| Common Stock | 1325000 | Indirect |
| Common Stock | 12524 | Indirect |
| Common Stock | 300000 | Indirect |
| Common Stock | 2718 | Indirect |
Footnotes
F1: The transaction represents the transfer of a total of 387,785 shares from Douglas R. Lebda ("Lebda") and Douglas R. Lebda Revocable Trust ("Revocable Trust") to 2022 Lebda Family Holdings LLC ("2022 LLC") in exchange for the partial satisfaction and cancellation of a promissory note issued by Lebda and held by 2022 LLC (the "Note," and such transaction, the "Transaction").
F2: The price reported in Column 4 represents the price per share ascribed to each share of Common Stock tendered by Lebda and Revocable Trust to 2022 LLC in the Transaction in satisfaction of outstanding principal and interest on the Note.
F3: The reporting person disclaims beneficial ownership of the shares to the extent in which he does not have a pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F4: The reporting person disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or any other purpose.