AI assistant
Match Group, Inc. — Director's Dealing 2013
Dec 20, 2013
30682_dirs_2013-12-20_7b123e74-4351-436a-8b79-3cf01814ad01.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IAC/INTERACTIVECORP (IACI)
CIK: 0000891103
Period of Report: 2013-12-18
Reporting Person: BLATT GREGORY R (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-18 | Common Stock, par value $0.001 | M | 134115 | $20.08 | Acquired | 451713 | Direct |
| 2013-12-18 | Common Stock, par value $0.001 | D | 134115 | $60.09 | Disposed | 317598 | Direct |
| 2013-12-18 | Common Stock, par value $0.001 | M | 134115 | $22.70 | Acquired | 451713 | Direct |
| 2013-12-18 | Common Stock, par value $0.001 | D | 134115 | $60.09 | Disposed | 317598 | Direct |
| 2013-12-18 | Common Stock, par value $0.001 | M | 134115 | $25.31 | Acquired | 451713 | Direct |
| 2013-12-18 | Common Stock, par value $0.001 | D | 134115 | $60.09 | Disposed | 317598 | Direct |
| 2008-12-19 | Common Stock, par value $0.001 | M | 134115 | $16.28 | Acquired | 451713 | Direct |
| 2013-12-19 | Common Stock, par value $0.001 | D | 134115 | $60.09 | Disposed | 317598 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-18 | Options to Purchase Common Stock | $20.08 | M | 134115 | Disposed | 2018-04-09 | Common Stock, par value $0.001 (134115) | Direct |
| 2013-12-18 | Options to Purchase Common Stock | $22.70 | M | 134115 | Disposed | 2018-04-09 | Common Stock, par value $0.001 (134115) | Direct |
| 2013-12-18 | Options to Purchase Common Stock | $25.31 | M | 134115 | Disposed | 2018-04-09 | Common Stock, par value $0.001 (134115) | Direct |
| 2013-12-19 | Options to Purchase Common Stock | $16.28 | M | 134115 | Disposed | 2018-12-17 | Common Stock, par value $0.001 (134115) | Direct |
Footnotes
F1: Reflects shares of IAC common stock acquired upon the exercise of stock options that were ultimately settled in cash (see footnote 2 below).
F2: Reflects shares acquired from the reporting person by the issuer for cash at a price per share determined by reference to the applicable plan governing the related stock options.
F3: After the stock option exercises reported on this Form 4, the reporting person holds: (i) 750,000 options to purchase IAC common stock with an exercise price of $32.00 (562,500 of which are vested and the balance of which vest on December 1, 2014), (ii) 352,037 options to purchase IAC common stock with an exercise price of $47.06 that vest in equal installments over four years on the anniversary of the grant date (May 3, 2013), (iii) up to 93,750 restricted stock units that vest on December 1, 2014, subject to market-based performance conditions, and (iv) 84,998 restricted stock units that vest in two equal installments on the second and third anniversaries of the grant date (May 3, 2013).